Beginner in trading
4.9.2021 08:36
BTC had been trading inside a descending parallel channel since Aug 29. Such channels usually contain corrective structures.
After sweeping the lows on Sept 1, BTC broke out later during the day. So far, it has reached a high of $50,450.
Both the MACD and RSI are bullish, supporting the validity of the breakout.
After sweeping the lows on Sept 1, BTC broke out later during the day. So far, it has reached a high of $50,450.
Both the MACD and RSI are bullish, supporting the validity of the breakout.