I just wanted to point out a pattern that is emerging within BTCUSD graph. It's forming a new support around $4000. Resistance at $4200.
Trade active
If BTC continues over the dashed yellow line, it will reach new highs. However, if it reaches the upper half, between the two continuous lines, it will enter bearish zone.Note
Support at $4350 formed from two marubozu.
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.
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.