BTCUSD - Weekly price action
What I'm seeing;
- The run down in March shows high volume, potential indicator that was a capitulation bottom.
- Weekly shows level at $8733 has been tested and held.
- Level at $10,300 shows multiple tests, meaning this level will most likely not hold if tested again.
- If we can pass the $10,300 level, I'm looking at the $14,690 level as the next potential high.
- The run down in March shows high volume, potential indicator that was a capitulation bottom.
- Weekly shows level at $8733 has been tested and held.
- Level at $10,300 shows multiple tests, meaning this level will most likely not hold if tested again.
- If we can pass the $10,300 level, I'm looking at the $14,690 level as the next potential high.
Note
Winning
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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.