BTC is testing support around the 11500 level. If it breaks we could see a move through the thin point in the cloud, signaling a bearish turn. If that happens support might be found around 10300 and 9500.
Note
BTC seems to have respected support and is now moving upward. Bullish trend on 1h will be confirmed when the lagging green line breaks above the price action.
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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.