Bulls looking for support at 35k.
BTC needs to find support above 35k. A break below would likely send us back to retest 31k.
If BTC finds support above 35k then will likely retest 42k level.
I think there's a good chance it finds support and pushes up again. I don't think there's a good chance it will move much higher than 42k.
BTC needs to find support above 35k. A break below would likely send us back to retest 31k.
If BTC finds support above 35k then will likely retest 42k level.
I think there's a good chance it finds support and pushes up again. I don't think there's a good chance it will move much higher than 42k.
Note
Getting mighty close to breaking below support. Red line = last line of support. In the oversold range on the 1H so still a chance Bulls show up and bring price back up. Bears in firm control ATM.
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.
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.