The resistance has worked as expected

Updated

The resistance has worked as expected.
Price going down, next important supports region:
5050
5022
4945

While inside uptrend channel, the price will continues rise

Note

A movement similar to the previous one is expected

Note

Support 5145 working

Note

The zone that I suggested for buy is holding the price

Note

The zone that I suggested in telegram group for buy is holding the price

Note

Bitcoin breakout triangle, going to bottom of uptrend channel.
Next important points zone:
5115
5087
5047

Note

We are in a dangerous zone because the odds of the price going up or down are very close.
For buy it is safer to await the breaking of resistance 5280.
Another option to buy is at the bottom of the uptrend line, but it is better to wait as the price will get there, as we may be surprised by a correction of the diary that has not happened yet.

Note

Bears are at an advantage at this point

MrClock

Telegram group: t.me/heavensignals

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.