Bitcoin approaches major support level 30,121
Bitcoin (
BTCUSD) is falling toward the key support level 30,121 (low of the previous daily Hammer) – ahead of the round support level 30000. The cryptocurrency has the freedom of 0.7 ATR (Average Ture Range) left to fall for today– which makes it likely the intraday shorts will drive the price down to the support level 30,121 – from where the intraday upward correction is likely.
BTCUSD) is falling toward the key support level 30,121 (low of the previous daily Hammer) – ahead of the round support level 30000. The cryptocurrency has the freedom of 0.7 ATR (Average Ture Range) left to fall for today– which makes it likely the intraday shorts will drive the price down to the support level 30,121 – from where the intraday upward correction is likely.
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.