Currently, BTCUSD fluctuates between 26k7 and 29k. The formation of resistance at 29k from 3 failed breakouts. The sideways move in this zone may soon come to fruition when the price breaks through the resistance or corrects through the support zone. With the bullish divergence Strength Index already reflected in the upside, there are now signs of a bend. Price Barrier is still under green support, at least for now.
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.