BTCUSDT 17140 Weekly update Dec 12 2022 #50
BTC is at first resistance ~17000.
2nd resistance 1777-18111, now near the 3D 21ema.
First target support at 15888-15444. Will discuss further downside targets if it breaks the 15k mark
The 12h and D RSI are back above the support trendline, suggesting bulls are trying to give up at resistance
The FOMC meeting on the 13th will likely create high volatility
BTC is at first resistance ~17000.
2nd resistance 1777-18111, now near the 3D 21ema.
First target support at 15888-15444. Will discuss further downside targets if it breaks the 15k mark
The 12h and D RSI are back above the support trendline, suggesting bulls are trying to give up at resistance
The FOMC meeting on the 13th will likely create high volatility
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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.