BTCUSD gives some weakness signals for days. We noticed that the pairs has broken the support line of the ascending channel H4 (green lines) and has integrated a new descending channel H4 (red lines). Below 13000, we think that the pair will fall until 7500 in the next hours or days. At 7500 we expect a reaction to look for long opportunities.
Note
As expected, Bitcoin has broken 13000 support. Next target to look for a long should be 7500.
My free forex signals in real time: bit.ly/3RTlKwZ
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My track record: bit.ly/4jFJ6nj
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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.
My free forex signals in real time: bit.ly/3RTlKwZ
My track record: bit.ly/4jFJ6nj
My track record: bit.ly/4jFJ6nj
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.