This last bear candle with supporting volume means nothing good for BTC.
Next stop is next support and previous bear trendline...
Next stop is next support and previous bear trendline...
Note
We just shoot over previous all time bull trendline. We might retest before we go to bear trend line. Let's see where the price gets rejected, where bulls gain more momentum...Note
But either way, volume on last candle is scary, means nothing good...Note
Exactly to the point as we predicted, shoot throught the trendline, tested the bears trendline, now bouncing in between. Good call all!
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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.