BTC/USD - The volume is weak
Updated
The volume is weak, I don't think we're going to go much higher.
Bitka Zones: The local support on break-down was a resistance of $9480-9650. It is an important level for further direction. The price is still under it and the peaks of the whole Range! Track strong support - Support for the entire Range $8080-8250. Consolidation in the Range has already taken too long. Most likely, the impulse from it will be very strong, so do not catch the knives and do not average the margin against the trend of Elsie, the price will consolidate over the Resistance there is a chance to fly up and take out $10400, but so far the price has clamped in the middle of the range but under large volumes.
Before to trade my ideas make your own analysis.
Push ❤️ if you think this is a useful idea!
Thanks for your support!
Before to trade my ideas make your own analysis.
Push ❤️ if you think this is a useful idea!
Thanks for your support!
Comment
It's a local possibility:touch the area again at $9100-9150. Here the DD, or the head of the shoulders, will be formed. Potential scenarios at the moment.
Comment
update
Comment
Related publications
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.