BTC/USD 1W. Ascending channel.
Btc/usd on 1w TF is moving in rising channel.
The price now has broken out of symmetrical triangle and moving towards the lower edge of the ascending channel.
In this zone we also have the block of support, 200 EMA and the support of uptrend.
The 200EMA is pricing at 25600$.
We also have a prompt from the economist journal from the cover of the economist "the world ahead 2022" journal. There we can see the V-reversal taking place approx. at the end of half-february.
The price now has broken out of symmetrical triangle and moving towards the lower edge of the ascending channel.
In this zone we also have the block of support, 200 EMA and the support of uptrend.
The 200EMA is pricing at 25600$.
We also have a prompt from the economist journal from the cover of the economist "the world ahead 2022" journal. There we can see the V-reversal taking place approx. at the end of half-february.
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