Bitcoin at a strong resistance
Updated
It's dangerous to be in alts, until Bitcoin has decided on the direction of the move, a recommendation to close all active short-term and medium-term deals. You can only keep long-term assets that have been severely declined.
Comment
The 2-hour scale adds the possibility of a negative scenario, since the downtrend is a strong resistance, the market may need a reduction in volume before another attempt to break above, and as they said yesterday, this could lead to further decline in the short term.
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.