Bitcoin has extended the range, and is finding support at what appears to be a new technical level at $56.8K. This appears to be the lower bound of our current range, with the high at $59.4K. BTC is 'rounding off' which may signify further retracement. If so, watch $55.7K and $54.3K for support. Our next target on the upside is $61.6K. The Kovach OBV is still relatively strong but has leveled off which could suggest BTC is letting off the gas for now.
Join my discord at discord.io/quantguy
Related publications
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.
Join my discord at discord.io/quantguy
Related publications
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.