BTCUSD pair is forming a symetric triangle on the 4H chart with a strogn downtrend.
This could lead to a short term pullback to the support level. If 2800-3000 is rejected again this will become a major support.
RSI is under 50 and heading south, meaning bears dominance.
Stay tuned for updates.
WNZ
Get live updates and analysis of the cryptocurrency market: t.me/ZeddmoTrading
This could lead to a short term pullback to the support level. If 2800-3000 is rejected again this will become a major support.
RSI is under 50 and heading south, meaning bears dominance.
Stay tuned for updates.
WNZ
Get live updates and analysis of the cryptocurrency market: t.me/ZeddmoTrading
Note
Market testing first support zone.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.