Hello!
According to the daily chart,
we observe a double top, which indicates a further decline. also a pullback to broken trendline. so BTC can go lower , in the range of 50,000 to 48,000. โโโ
This is the same strong resistance range that the price broke through a few months ago, leading to a significant rise. ๐๐ก
it is possible to see
some range candles too ๐๐ก
๐๐ก Feel free to express your perspective by commenting below. Thanks! ๐
According to the daily chart,
we observe a double top, which indicates a further decline. also a pullback to broken trendline. so BTC can go lower , in the range of 50,000 to 48,000. โโโ
This is the same strong resistance range that the price broke through a few months ago, leading to a significant rise. ๐๐ก
it is possible to see
some range candles too ๐๐ก
๐๐ก Feel free to express your perspective by commenting below. Thanks! ๐
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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.