BTC following a down trend channel?

Our favorite thing.... down trending
We are so use to it, yet sick of it
I'm thinking when Bitcoin meets the 50 ma it should bounce off. Use it as support
Otherwise we keep following it down :(

Kommentera:

Well...it bounced. Earlier than i thought lol
This is the randomness of BTC at the moment.
Almost want to stop making charts for a while because of how sketchy using TA has been.
Many people thought we were in a head and shoulders. As you can see instead of breaking down as soon as it made the right shoulder it pumped up.
Whales are usually doing the opposite of what the chart paints... UNTIL THEY DONT