BTCFirst major test of the bullish (HH/HL) structure since mid July
-20% candle (not the 1st time in a bullish run, see pic 2-3)
Two main paths I see based on how daily closes:
Lama into a new HH above 56k+ OR structure breakdown into ~39k area (.618fib)
Wait for it
#BTC
Note
BTCSitting on the 200 DMA // 44k support level..
UCTS showing a 1D Sell signal for the 1st time since mid July (needs to close this way to be confirmed)
For now, looking for bottom signals rather than trend changing ones..
Note
BTCJust a little push and it may get really bullish again..
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UCTS Indicator? Get a 10 days FREE trial at Cryptontez.com
Improve your Crypto Trading with 3commas. 3commas.io/?c=Cryptontez
Telegram Group: t.me/CryptontezTA
Improve your Crypto Trading with 3commas. 3commas.io/?c=Cryptontez
Telegram Group: t.me/CryptontezTA
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.