Bitcoin bounced from $28.2k on Wednesday but the bulls' hopes of a rally might be nipped in the bud.
Entry: $29,315 (retest of H2 bearish OB)
Exit: $27,850 (H1 bullish OB)
Stop-loss: $30,020 (above bearish OB)
- H2 bearish OB (red box) at $29.3k-$30k was tested in recent hours
The FVG (white box) at the $28.8k region has been filled- and the price climbed slightly higher as well.
The H1 bullish OB at $27.8k is the bearish target
Entry: $29,315 (retest of H2 bearish OB)
Exit: $27,850 (H1 bullish OB)
Stop-loss: $30,020 (above bearish OB)
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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.