BITCOIN AT CRITICAL LEVEL OF RESISTANCE
Updated
BTCUSD rejecting $7200 area after its sudden spike (you can identify it by its temporal choppy range within the zone) which may lead to a possible drop to $6700. Liquidations around my identified resistance area further battress the possibilities of a reversal.Note
Trade closed as it has reached its target profit (the support around $6709).
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.