DeGRAM

DeGRAM | BTCUSD growing channel

Kort
BITSTAMP:BTCUSD   Bitcoin
We see the continuation of Bitcoin's movement along the descending channel, an attempt to break the channel down was unsuccessful, as it touched the strong support of 30000.0, corrected back into the channel and continue to descend. The price moves within the support of the channel and local resistance that formed inside the channel. I think that the instrument will test the 30000.0 mark after the price breaks down from the channel.

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