Against us is the whole downtrend, strong resistance (red line) and EMA. Within a few days, I am expecting a strong move down.
Note
Bitcoin is bottoming a and break trough the weak sideways resistance (as seen in previous analysis) Now we have to close above 3600 level to confirm the changing trend. Important date will be 29. february. If ETF proposal will be acccepted, then we can expect BTC bottomed.
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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.