Bitcoin form bearish channel after Head&Shoulders pattern
Price hits 0.786 and should pullback before next leg of correction.
The next main support at $4700/5300
Price activity at that level will define next markets movements - 0.5 and 0.618 levels
But
At present time the price has a chance to revers because of 0.5 level
Bullish confirm at $6750
Price hits 0.786 and should pullback before next leg of correction.
The next main support at $4700/5300
Price activity at that level will define next markets movements - 0.5 and 0.618 levels
But
At present time the price has a chance to revers because of 0.5 level
Bullish confirm at $6750
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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.