BTC make or break
We didn't manage to push up to a previous swing high of 61.800 and fell back down to the blue trend line we've been following since last year.
If we break below the blue trend line next level of support will be at the 128 daily MA (green MA). If that doesn't hold then the final line in the sand is just below on the red support line at 47.000 (previous swing low).
If we break the previous swing low next level of support will be around 37-38K on the 200 daily moving average.
If we break below the blue trend line next level of support will be at the 128 daily MA (green MA). If that doesn't hold then the final line in the sand is just below on the red support line at 47.000 (previous swing low).
If we break the previous swing low next level of support will be around 37-38K on the 200 daily moving average.
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.