As you can see the 4H MA50 will act as support for BTC to consolidate in Accumulation.
I see BTC moving to test the previous annual low around $17,600 and consolidate more.
Ultimately I see BTC breaking above YELLOW TREND and testing the automatic rally area and previous support at 18,200. Then we will see what transpires.
Good Luck
I see BTC moving to test the previous annual low around $17,600 and consolidate more.
Ultimately I see BTC breaking above YELLOW TREND and testing the automatic rally area and previous support at 18,200. Then we will see what transpires.
Good Luck
Note
Monitor 15min Pennant breakout
Note
Will BTC finally breakout from trend soon?
Note
BTC moving up!Note
BTC attempting to flip previous 2022 low into support from resistance - monitor this level
Trade closed: target reached
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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.