Bitcoin fell hard in the last three and a half days and I'm waiting for some signs of strength. This is the first one I've seen yet. I've drawn dotted lines to the right of some bar's open price. These 4 big red bars hold most of the recent price moves. The most recent one is the first one that prices have managed to return above. I'm not saying 8342 is the bottom but it might be.
Note
Failed to reclaim the high ground on Friday amd unlikely to do so over the weekend. Will look at this again on Monday.
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.
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.