BTC Drop Base Rally
Drop Base Rally painted for BTCUSD
We see a sharp fall (Drop), followed by resistance (Base), followed by a run up (Rally), a textbook drop base rally formed.
As we can see there are many wicks in the "demand zone" showing that there is support as this level (Approx 6300), because of this it proves rather difficult to puncture below and a bounce is expected.
We see a sharp fall (Drop), followed by resistance (Base), followed by a run up (Rally), a textbook drop base rally formed.
As we can see there are many wicks in the "demand zone" showing that there is support as this level (Approx 6300), because of this it proves rather difficult to puncture below and a bounce is expected.
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.