Bitcoin got good support from lower levels in the $19Ks, finding support just above our level at $18.6K. We have since retraced back near $20K, but are still holding the $19K's. The Kovach OBV has drifted back up, albeit very gradually. Volatility is consolidating which could suggest a breakout is near. If so, we must first clear $20.7K, which is the first barrier before $22.4K which is a likely ceiling. If we selloff, we should continue to see support from $18.6K.
Join my discord at discord.io/quantguy
Related publications
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.
Join my discord at discord.io/quantguy
Related publications
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.