BTC/USD looks like it is recovering, but still very much in bear territory
Lots of short term nice shorts and longs to be made between the resistances and supports
Daily candle closing above 15000 and successful bounce off the last resistance maybe suggests a reversal and a bullish trend . But if it fails, 11500 or lower is possible.
BCH/BTC ratio seem to be going along with BTC/USD any decoupling may be worth watching if trading against BTC.
Lots of short term nice shorts and longs to be made between the resistances and supports
Daily candle closing above 15000 and successful bounce off the last resistance maybe suggests a reversal and a bullish trend . But if it fails, 11500 or lower is possible.
BCH/BTC ratio seem to be going along with BTC/USD any decoupling may be worth watching if trading against BTC.
Note
Didin't break R2 last night, but broke first diagonal yellow support.Could hit the next diagonal support.
Note
Impressive pump up to 15k, daily has to close above that level thoughNote
Last diagonal supportNote
Looks like it may be a successful bounce off of R3 and the support; retest 15kNote
Retest of 15k failed; last support broken... watch for horizontal supports
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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.