Update: Support Held; Bears Persist; Added Target $BTC #bitcoin
2097
Friends,
A (really) quick update:
1 - 530.00 support held - No surprise here if you are a structural trader. 2 - Price continued to fall 3 - price remains under bearish pressure 4 - Soft (pink) and hard (black) overhead resistance levels defined 5 - New BEARISH target (colored in red, so less probable, as opposed to green = high probable and yellow = probable)
OVERALL: No change from original predictive analysis defined on February 10th, except for an added low-probability bearish target.
Cheers,
David Alcindor TradingView Moderator as "4xForecaster"
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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.