Bitcoin successfully retested with a long bearish wick, which is a bullish sign. Bears fails to close the candle at the support @ 9120. From there we pump to 9860, another key S/R area. On the lower timeframes, we have just successfully tested 9860 as support. The next trend line dynamic S/R targets 10560, where price was rejected in the last few days.
Entry: 9860
Target: 10560
Entry: 9860
Target: 10560
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Disclaimer
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.