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Technical analysis by Connix about Symbol BTC on 9/14/2023

https://sahmeto.com/message/3344626
Connix
Connix
Rank: 3779
1.8

Parallel channel tight squeeze. BTC

Neutral
Price at Publish Time:
$26,279.26
،Technical،Connix

Long story short without going into to much detail. BTC is currently trapped between 2 important parallel channel (blue hand drawn circle). confirmation of breakout in either direction is likely to mean volatility . Breaking out of the top of the green channel likely mean bullish movements shortter. Breaking down out of the white channel likely means bearish shortterm. These channels have been valid S and R for over a year

Source Message: TradingView
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