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We are currently sitting right under a major Bitcoin resistance level.
I laid out all possible paths that bitcoin can take from here. All explanations are on the chart
One piece of advice would be to watch volume. If Bitcoin breaks one of these levels on low volume it is most likely a fake out and don't trust the move.
Goodluck trading!
We are currently sitting right under a major Bitcoin resistance level.
I laid out all possible paths that bitcoin can take from here. All explanations are on the chart
One piece of advice would be to watch volume. If Bitcoin breaks one of these levels on low volume it is most likely a fake out and don't trust the move.
Goodluck trading!
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.