BTC is struggling to cross 11600 on the upside convincingly. Expect it to test the Upward Blue Trendline. Depending on the force it can test between 10800-10975 region. This should hold and BTC may bounce from here. Only if its breached on downside the next target is Zone 2 on the bottom 9250-9400 area.
Trade active
1st Target of breaching 11000 achieved.
Trade active
2nd Target Reached, Blue Trend Line Hit. If H4 13 WMA, breaks Blue Line, next downside target 9150-9350 Range
Trade active
Uptrend Line is breached on downside. Potential continuation to Area 2
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.