Price has continued to appreciate against 1D Mean, however the 4H mean has stayed within the channel and is showing good signs of maintaining momentum. Price is currently at a high value volume area and also the trendline.
Easy approach, a strong break and close below would not be ideal and suggest reversal. This would be possible due to BTC losing support above 47k, or a tweet.
Previous Analysis linked.
Easy approach, a strong break and close below would not be ideal and suggest reversal. This would be possible due to BTC losing support above 47k, or a tweet.
Previous Analysis linked.
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Related publications
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.