Well. Buyers managed to break yesterday's resistance level $15,150. However, before that buyers were made nervous by a sharp price fall by 4% within a few minutes.
The sharp counterattack of sellers failed and the growth continued to the range $15,700-15,770.
On smaller timeframes, we see that a local liquid zone has formed in this range. As long as the BTC price is above $15,150, buyers are in control of situation. Having fixed above this range, we will expect the next target at $16,775.
An alternative scenario - breaking $15,150. An impulsive growth trend line also passes at this mark. This is clearly seen on the 15 minute timeframe. Having broken it, we will see a sharp fall to $14,500.
We continue to follow the situation!
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The sharp counterattack of sellers failed and the growth continued to the range $15,700-15,770.
On smaller timeframes, we see that a local liquid zone has formed in this range. As long as the BTC price is above $15,150, buyers are in control of situation. Having fixed above this range, we will expect the next target at $16,775.
An alternative scenario - breaking $15,150. An impulsive growth trend line also passes at this mark. This is clearly seen on the 15 minute timeframe. Having broken it, we will see a sharp fall to $14,500.
We continue to follow the situation!
______________________________
Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
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🎁 -20% on ALL trading fees OKX
okx.com/join/20PSTRADE
🔥V-I-P cutt.ly/PwkLhT56
👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s
🔵Telegram t.me/pstrade_eng
okx.com/join/20PSTRADE
🔥V-I-P cutt.ly/PwkLhT56
👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s
🔵Telegram t.me/pstrade_eng
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.