Like I had mentioned in my last BTC Analysis, I will look for bearish formations and patterns when price reaches this circle. There is significant resistance here, and the market is extended. If I can get confirmations for a valid entry, I will ride price back down to the double bottom.
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I would love to hear from you in the comments section. Some feedback would be nice!
LIKE and subscribe if you want more free education and analysis.
Thank you!
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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.