Looking at the 4 our chart , we see btc broke out of minor trend line, tested horizontal Resistance and failed to break, now we forming sort of a bull flag, the last 4 hour candle is kinda of a Bullish PIN BAR, which indicates bear's weakness.
a break out of 7200 R will be a good path to the test the main down trend.
a break out of 7200 R will be a good path to the test the main down trend.
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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.