Bitcoin hit our level at $25.1K exactly, before rejecting this hard and retracing back to support at $23.9K. A red triangle on the KRI at $25.1K confirms how much resistance BTC is dealing with at these highs. The Kovach OBV is still strong, however, but if we are able to pivot, we still must solidly break $25.1K before attempting higher levels. If support fails, then there is a vacuum zone below to $22.4K, where we should see further support.
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.