BTC WEEKLY - Target Zones to WATCH👀
Updated
📉Hi Traders, Investors and Speculators of Charts📈
BTC is approaching the halving, during which the price usually fluctuates wildly as volatility and volume show up.
For any given dip, I don't expect us to break the white diagonal trendline (which validates higher lows).
When the price trades in a tight range, it's helpful to follow the classic rule of "buy on support and sell at resistance".
If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets.
_______________________
📢Follow us here on TradingView for daily updates📢
👍Hit like & Follow 👍
CryptoCheck
BTC is approaching the halving, during which the price usually fluctuates wildly as volatility and volume show up.
For any given dip, I don't expect us to break the white diagonal trendline (which validates higher lows).
When the price trades in a tight range, it's helpful to follow the classic rule of "buy on support and sell at resistance".
If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets.
_______________________
📢Follow us here on TradingView for daily updates📢
👍Hit like & Follow 👍
CryptoCheck
Note
BTC: I hope we can close this weekly candle ABOVE or in the support zone, otherwise this scenario seems likely:Note
BTC: still trading tight range, but 38k starting to look likely as price consolidates on top of the support (bearish short term, no buying pressure on this level):Note
4H BTC Support Zone that must hold:
Discord Server
discord.gg/xHJRka3
Cryptocheck Website
thecryptocheck.com
SoftQuant Website
softquant.io
discord.gg/xHJRka3
Cryptocheck Website
thecryptocheck.com
SoftQuant Website
softquant.io
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.