$BTC - Protected Low

93
BTCUSDT | 1D

Price got strongly rejected at 106.5k

It deviated below the 4-hour mini-range. We now need to see a reclaim of 105–105.1k. If not, a retest of the value area low at 101.4k is likely.

100k remains to be the protected low, and it would be critical if we won't get a valid retest at 101.4k

local resistance: 105-105.5k
local support: 101.4k
protected low: 100k

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.