Not ruling out the shift of a downward Channel Trend starting here.

$BTC
$BTC Channel Trend Update. We had a nice rejection off of Median ML (resistance) for now. If we can push above ML I will be expecting an Upper Limit re-test. If we fail to get above, Lower Limit is anticipated.

Buyers need some strength to get past this resistance (ML) level.
$BTC Channel Trend Update. Nice push past Median ML and now its looking like Upper Limit can get a re-test soon!!
$BTC Channel Trend. Upper Limit touch complete.

Curious to see if we get a rejection here, if we do, it’s likely we could see Median ML again. Momentum seems strong at the moment so a push past Upper Limit would complete Trend.
$BTC Channel Trend. Seems that Upper Limit got rejected and now acting as resistance. Likely we see a Median ML re-test if buyers can’t step in to push us back to ATHs.

Plus, it’s Friday going into the weekend. Weekend PA always gets a little wonky.
$BTC Channel Trend. There is the Median ML re-test I was anticipating from this morning.

Now it’s time to see how it reacts. Could hold as support and bounce back toward Upper Limit but if we lose Median ML, Lower Limit isn’t out of the question.
$BTC Channel Trend Update. Has been fairly choppy the past few days, but overall looking like we want to jump and re-test Upper Limit here. Median ML has been holding well as support.

If Median ML level is lost, Lower Limit is a possibility.
$BTC Channel Trend Update. Upper Limit target reached, if it continues to act as resistance like it has been then I will anticipate a Median ML re-test.
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