BTCUSD after a strong fall stops at 3400, after which it starts to recover (a buyer appears in the market), but the limit orders placed at the level of 44000-45000 did not allow the price to go higher. Major players have no interest in raising prices at the moment
Locally, relative to the level of 39200, a consolidation is formed,
also the level 39200 is the lower boundary of the ascending channel. After a false breakout, the price does not go up, but returns to a near retest, breaks through the channel and trades in a narrow zone - above the support of 39200 and below the support of the channel
I think if the price starts to form a triangle and smoothly approaches the level, maybe 39200 will be broken
I expect a breakdown of 39200, followed by a fall to 36800, and then to 34000.
Sincerely, R. Linda!
Locally, relative to the level of 39200, a consolidation is formed,
also the level 39200 is the lower boundary of the ascending channel. After a false breakout, the price does not go up, but returns to a near retest, breaks through the channel and trades in a narrow zone - above the support of 39200 and below the support of the channel
I think if the price starts to form a triangle and smoothly approaches the level, maybe 39200 will be broken
I expect a breakdown of 39200, followed by a fall to 36800, and then to 34000.
Sincerely, R. Linda!
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NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: t.me/RLindaTrade
🧿 Web: rlinda.com
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Disclaimer
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🌹TRADING is a CASINO💔!?
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: t.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: t.me/RLindaSignals
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: t.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: t.me/RLindaSignals
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.