BTC Might likely Sell off after a channeled move up from here

Noticing price slowing down at that key level I marked indicates a bullish pullback here before turning bearish. If price breaks above the higher zone I'd be looking at longs, until then I'm bearish on BTC. To be clear from what I'm seeing now I'm bearish on BTC.

Kommentera:

Expect a channeled move up where price action slows down, that gives more confluence for a bearish reversal.