BTCUSD ❕ channel crossing

8 apr 2022

Throughout March, the price continued its movement in the ascending channel, but in the last 2 weeks the price formed a descending channel within the previous one. Now the boundaries of both have crossed, and the price has reached the lower boundary of both channels. I expect the retest of the lower boundary of the uptrend channel, fixation above it and after reaching the upper boundary of the descending channel.