BTC Possible restest strong support and downtrend continuation
BTC currently in a falling wedge.
Was not able to break out yet.
If it won't break out soon I think it will test strong support at the .786 at 6599 USD again (grey fib level).
Break out of falling wedge does not mean that the bear market is over. Lots of resistance above it.
If the 6599 support breaks I think BTC will be headed towards at least 4400-5000; between the yellow and white fib levels.
Was not able to break out yet.
If it won't break out soon I think it will test strong support at the .786 at 6599 USD again (grey fib level).
Break out of falling wedge does not mean that the bear market is over. Lots of resistance above it.
If the 6599 support breaks I think BTC will be headed towards at least 4400-5000; between the yellow and white fib levels.
Nota
Also interesting to keep an eye on the log-chart.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.