the resistance zone is marked at a higher level, showing where bitcoin price has struggled to break through.
A support zone is also highlighted at a lower level,where the price has found stability.
the setup suggests an expectation of either a bounce from support or a breakout from resistance.
As far as I think, the market should go down from here because it has been moving at this level since yesterday. Based on the analysis from yesterday, a sell trade is forming
A support zone is also highlighted at a lower level,where the price has found stability.
the setup suggests an expectation of either a bounce from support or a breakout from resistance.
As far as I think, the market should go down from here because it has been moving at this level since yesterday. Based on the analysis from yesterday, a sell trade is forming
Trade active
80pips runningb in profit
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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.