BTC testing Pitch fork support on Daily
BTC / USD (Interval 1D)
BTC was unable to break crucial resistance of 45.8k and now its breaking down towards 39.7k support which is also a pitchfork support, Technically it should rebound from here towards 44k but if unable to hold then we can see price action towards
36K-37k which is pitchfork support. Stochastic on daily is giving sell signal whereas on 4H its in over-sold territory so we can possibly see a relief rally due to stochastic towards 
42K before going further down. We have weekend coming so bears are saying what anonymous says "Expect us" :)
BTC was unable to break crucial resistance of 45.8k and now its breaking down towards 39.7k support which is also a pitchfork support, Technically it should rebound from here towards 44k but if unable to hold then we can see price action towards
36K-37k which is pitchfork support. Stochastic on daily is giving sell signal whereas on 4H its in over-sold territory so we can possibly see a relief rally due to stochastic towards 42K before going further down. We have weekend coming so bears are saying what anonymous says "Expect us" :)
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if you want to get daily future/spot calls, Join our Premium discord by clicking on the following link
discord.gg/v7xWC7XDpN
discord.gg/v7xWC7XDpN
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.