BitcoinUpdated Bitcoin update $BTC
On Balance Volume and RSI broke out (negative) from the wedges (see chart). 60K-58K region is the next strong support, 53K region is the ultimate support region and very important to maintain the bullish momentum in crypto. I don't think it will come down so far, my bias is still positive, but within 2 days we will make a decision I believe. Supports and channel are on chart.
Happy trading.
Happy trading.
Note
Still inside the channel for now, will adding more on each line , think 50-53K region should be strong enough if we get there... will follow it closely.Note
Bounced back exactly from the channel bottom for now...
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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.