BitcoinUpdated support becomes resistance?
red line has been used as support will it now become resistance?
start of a correction?
start of a correction?
Note
wave 5 must end with diverenceNote
loos like a double top is forming with 2 bearish doji candles. big wicks The long legged doji is a doji star with exceptionally long upper shadows and lower shadows. It suggests a larger class between buying and selling forces and, like the typical doji star, can be a sign of trend reversal or consolidation.
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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.