BTC - one more time - Explanation!
As we see BTC briefly broke below support line (red arrow). Now, as we're hours ahead of Big News (FOMC Meeting), one more drop below that, will lead BTC to next Support (black dotted arrow). Especially (violet arrow) shows previous Resistance. So, same Level as it shows.
Next chart will follow.
As we see BTC briefly broke below support line (red arrow). Now, as we're hours ahead of Big News (FOMC Meeting), one more drop below that, will lead BTC to next Support (black dotted arrow). Especially (violet arrow) shows previous Resistance. So, same Level as it shows.
Next chart will follow.
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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.