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Date Posted: 08:04:01 07/30/19 Tue
Author: Philbond007
Subject: XBT(bitcoin dollar index): daily/4hr candle charts

On July 17, I posted an XBT chart showing price flirting w/channel support. What followed was about a $2k bump into July 20, & since then, it's been trending down.

For now, I'm watching the SOLID ORANGE line for direction, meaning, continued weakness unless the price can manage a few closing 4hr candles above that line.

Note, blue lines are parallel, & blue arrows show support/resistance off solid orange line.



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