Bitcoin / TetherUSUpdated Back at critical 4h support
I'm still neutral on BTC, there is no clear indication which direction we can expect.
It looks like there is one more push to the upside, retesting the resistance levels, if the price fails to push through the massive bearish orderblock the price could retest some lower levels.
It looks like there is one more push to the upside, retesting the resistance levels, if the price fails to push through the massive bearish orderblock the price could retest some lower levels.
Note
Looks like the 2021 summer lows turned into heavy resistance! If the price can't bounce back up and reclaim the level as support we should be prepared for another leg down!
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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.