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Bitcoin
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BTCUSD Daily

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Price has reached a key area of support & resistance, where previously price made a strong impulsive movement to the upside from this zone. I am anticipating for price to rise back up into resistance again.
Note
snapshot Potential head on shoulders pattern could b pin the making too as price may rise for a right shoulder into resistance where I will look for signs of a reversal again.
Order cancelled
Setup invalidated, price broke the support zone & the bearish momentum continues.
Profound_Ambition
Bitcoin (Cryptocurrency)BTCUSDkeylevelstructureSupply and DemandSupport and ResistanceTrend AnalysisUSDzone

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Bitcoin (Cryptocurrency)BTCUSDkeylevelstructureSupply and DemandSupport and ResistanceTrend AnalysisUSDzone
Profound_Ambition

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.