-BTC is downtrend again on Daily and 4H timeframe.
-On 4H timeframe, The key level/ structural zone (16750) is also broken, then, price is now retesting it as a resistance
- On 1H timeframe, price has a potential double top which we can now enter for aggressive entry. But, if you are conservative and also want a higher probability entry you can wait for the support ( Black small line) to be broken.
TARGETS ; 16150 and 15850
-On 4H timeframe, The key level/ structural zone (16750) is also broken, then, price is now retesting it as a resistance
- On 1H timeframe, price has a potential double top which we can now enter for aggressive entry. But, if you are conservative and also want a higher probability entry you can wait for the support ( Black small line) to be broken.
TARGETS ; 16150 and 15850
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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.