BTC - Consolidation before Reversal or Continuation
BTC has moved north out of the recent consolidation area after a series of bullish reversal patterns during September.
BTC's tendency to test support after a move combined with a possible increase in the volume of Stop-Loss resting orders being placed by new Long entrants, could generate some aggressive bearish moves if support fails.
BTC's tendency to test support after a move combined with a possible increase in the volume of Stop-Loss resting orders being placed by new Long entrants, could generate some aggressive bearish moves if support fails.
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.