Hello traders,
As I told you in H1 timeframe bitcoin has broken its triangle from bottom. It has came down and touched the channel line then channel has rejected the price.
Price has gone up and it has 2 important area to face with them. First one is supply zone and another one is dynamic resistance.
RSI is also going to hit the last high. So price may reverse and if it doesn't it will go up.
**This is not an investment advice. Your capital might be at risk.**
Good Luck...
As I told you in H1 timeframe bitcoin has broken its triangle from bottom. It has came down and touched the channel line then channel has rejected the price.
Price has gone up and it has 2 important area to face with them. First one is supply zone and another one is dynamic resistance.
RSI is also going to hit the last high. So price may reverse and if it doesn't it will go up.
**This is not an investment advice. Your capital might be at risk.**
Good Luck...
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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.