It seems that bitcoin resume the shock trend,and is breaking through box-1 and into box-2.
Pice goes up after toughed weekly support, but the response is weaker compared to last support action.
Long body with lower vollume candle followed one hammer candle, and i can't find the evdience of supply vacuum.
It is the sign that the price has no continuance to support a upward trend, and is more likely a trap for buyers.
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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.