As BTC is reaching important level 34.7K there are two possible scenarios on the table:
Yellow - we have to close 4H candle above 34.7K, retest and that will lead to 37.7K
Orange - Reject from 34.7K and dump to mid 31K forming complex inverse H&Ss and come back to 34.7K.
Yellow - we have to close 4H candle above 34.7K, retest and that will lead to 37.7K
Orange - Reject from 34.7K and dump to mid 31K forming complex inverse H&Ss and come back to 34.7K.
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Related publications
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.