BTC reached the 2022 open which has been a remarkable support and forms a mid-range with 40K resistance. The OBV about to bounce of its channel support. The CCI is crossing its downtrend and moving out of oversold. A logical move is to 40k at the range and channel resistance.
Break of the red trendline is very bearish.
Break of the red trendline is very bearish.
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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.