BitcoinLong
BTC/USD 4 hours chart - Bearish trend still in play
Since BTC/USD ATH, price is now on a less slippery downwards trend. A close below 11,640 level will open for retest of recent swing losw zone near 9,000. Further upside potential for next week depends if price is able to penetrate 13,300 level with above MA volume level.
Here are our forecasted key swing trade zones:
R2 : 14,200
R1 : 13,300
S1 11,640
S2 9,000
Here are our forecasted key swing trade zones:
R2 : 14,200
R1 : 13,300
S1 11,640
S2 9,000
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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.