Bitcoin price tested the support level in the region of 9100, having formed a controversial correction model.
For this reason, I revised the overall dynamics and made adjustments to the general map of wave motions.
The main resistance level is located at 9500-9650.
In the short-term, I expect a declining price to 8550-8300.
At the moment, it is possible to retest the level of 8900-9000, after which growth to 9500-9650 is possible.
Locally, it is worth selling from level 9500-9650.
For this reason, I revised the overall dynamics and made adjustments to the general map of wave motions.
The main resistance level is located at 9500-9650.
In the short-term, I expect a declining price to 8550-8300.
At the moment, it is possible to retest the level of 8900-9000, after which growth to 9500-9650 is possible.
Locally, it is worth selling from level 9500-9650.
Related publications
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.
Related publications
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.