Bitcoin trendlines and support break down
Atualizado
BTCUSD break two trendlines and support at 37.3K on 4H MTF.
If the break below the support is valid we will see 33K levels soon.
If that's a fakeout and Bitcoin break above 38.5K, is likely to see a violation of the 40K resistance.
If the break below the support is valid we will see 33K levels soon.
If that's a fakeout and Bitcoin break above 38.5K, is likely to see a violation of the 40K resistance.
Comentário
Fakeout confirmed. Break out above 37.3K occurred in relatively high volume.Maybe a local consolidation (1H LTF) between $37.3 and 38.5K before 40K crucial resistance.
If you're looking for shorts wait for the price to hit $40 - 42K.
Trade fechado: objetivo atingido
Bitcoin is finally break out 40K crucial resistance in high volume.Aviso legal
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