BTC/USD
-two times rejection at the previous support area
-now flipped into a new resistance zone
-as the price dropped, it reacted immediate only 200ma
-a confirmed new downward trendline of resistance
-technically, we are on a 4H downtrend
-and bigger equilibrium with a price range of almost 20% move
-if you are a Bull, a break of trendline resist
-and closed above 9300 is a new start again
-Bearish side if the green support fail
-and confirmed new resistance, signals short position
-two times rejection at the previous support area
-now flipped into a new resistance zone
-as the price dropped, it reacted immediate only 200ma
-a confirmed new downward trendline of resistance
-technically, we are on a 4H downtrend
-and bigger equilibrium with a price range of almost 20% move
-if you are a Bull, a break of trendline resist
-and closed above 9300 is a new start again
-Bearish side if the green support fail
-and confirmed new resistance, signals short position
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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.
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.