Downtrend lasts almost for a 2 months, and now we can see a first two signs of reversal on 1w chart: there was no lower low and trendline has been broken.
$7300-7800 will be key levels, because of fibonnacci 0.5 line, EMA200 and trendline.
There wasn't a global trend reversal, so we are still able to see BTC below $6000 if it won't break these levels.
$7300-7800 will be key levels, because of fibonnacci 0.5 line, EMA200 and trendline.
There wasn't a global trend reversal, so we are still able to see BTC below $6000 if it won't break these levels.
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.
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.