BTC consolidation on 4h tf
As you can see, BTC -0.29% is consolidating between 7650 and 7260, also we have inside this pattern a lower high and a highr low. With the range of the price and the volume tightening, we may see some move later tonight or tomorrow.
In my opinion it will break low, and will consolidate again in the huge suport area of 7000-7150.
Here my chart zoomed out, looking in the daily timeframe.
https://www.tradingview.com/x/WoAhNch1
In my opinion it will break low, and will consolidate again in the huge suport area of 7000-7150.
Here my chart zoomed out, looking in the daily timeframe.
https://www.tradingview.com/x/WoAhNch1
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