BTC is currently accumulating within a marked zone, fluctuating within a broad range of approximately $17,800. The previous resistance line has now acted as support, indicating a key retest level.If BTC fails to hold this support, a further decline toward the key support zone could be expected. The RSI is near 42.83, suggesting neutral momentum, with no strong bullish signs yet.
A breakdown below this range could trigger a bearish move, while a breakout above resistance would confirm bullish continuation.
DYOR, NFA
Thank you for your attention! If you found this valuable, please hit the like button and share your thoughts in the comments below.
Trade closed: target reached
An alert was given yesterday; I hope you didn't suffer a big loss.
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.
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.