Bitcoin 4Hour charts shows a STRONG BULLISH volume push followed by more recent drifting BEARISH volume Push. Momentum is leaning LOWER.
A Test of SUPPORT at 7882.61 for a Short Term down trend.
A Test of RESISTANCE at 8001.38 for a Short Term up trend.
A BREAK ABOVE 8001.38 and then 8098.31 for an extended BULLISH move.
A BREAK BELOW 7628.69 and then 7511.24 for an extended BEARISH move.
Recent LONG POSITION TRADES probably should have exited around 7950.
A Test of SUPPORT at 7882.61 for a Short Term down trend.
A Test of RESISTANCE at 8001.38 for a Short Term up trend.
A BREAK ABOVE 8001.38 and then 8098.31 for an extended BULLISH move.
A BREAK BELOW 7628.69 and then 7511.24 for an extended BEARISH move.
Recent LONG POSITION TRADES probably should have exited around 7950.
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Related publications
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.