BitcoinUpdated BTC / USD DAILY CHART (AFTER DUMP)
Triangle named "1" did it best with the help of support line named "2".
Now, Trend sits on support line named "3".
Another support line named "4", for now, is breakdowned. Possible target may be "3". However, It's necessary to observe that where will Daily candle be closed.
Pay attention.
*Resistance Line is "5" and "6"
Now, Trend sits on support line named "3".
Another support line named "4", for now, is breakdowned. Possible target may be "3". However, It's necessary to observe that where will Daily candle be closed.
Pay attention.
*Resistance Line is "5" and "6"
Note
Nice touch to support line "3". Now, it may breakout the support line "4" or move betwenn "3" and "4".
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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.