I was waiting for a break on this level from some days, and here we go! We catched a nice long setup previous days, and now Bitcoin broke down the key level i highlited last week. This is an important support area that will now act as resistance, so i expect a continuation to the downside till the second support area at $112.000. To invalidate this setup we should expect a clean break above $116.800.
Let me know in the comment what do you expect!
Let me know in the comment what do you expect!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.