I am watching this "W" formation closely on the daily. I hope it holds.
Just checking the various TF for trade opportunity on BTC/USDT, I believe its approaching a support levels on the daily TF, I also check for support on the other TF marked with a green line and also a Bullish Falling Wedge is forming on the 15m - 1h TF. Lets keep watching to see how it goes. Not a Trade Advice!!!
A follow up to my earlier post on Bitcoin hitting a support level. Bitcoin moved to the predicted level but met with resistance. From new TA information, when Bitcoin breaks Resistance the next level is a strong support which I level will hold as the resistance zone has been holding since yesterday. This is not a piece of investment advice - kindly do your own...
I believe Bitcoin just hit a support level, I expect it to reserve and ride the trend to retest the week high.