BTC - Look out below
Taking a little longer than expected with the way it made such a volatile move up, but I stick to the plan. 24k and above was solid resistance, and it tested that area several times, without breaking and holding.
Now, we're trading below the monthly, the weekly, and the daily (so far). The true trend confirmation though would be it breaking the 22.2k-22.3k area and closing a 4 HR candle (my preferred time frame) below the demand zone.
God Speed!
Now, we're trading below the monthly, the weekly, and the daily (so far). The true trend confirmation though would be it breaking the 22.2k-22.3k area and closing a 4 HR candle (my preferred time frame) below the demand zone.
God Speed!
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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.