BTC just tested strong support 46900-46500 (confluence of supports and trendlines) and bounced nicely.💪 Actually previous bar looks like sort of pinbar. TD Sequential just printed red "9". Bullish signs all around. Possible retest of the support before next leg up. Once we break up the yellow downward channel, we are good to go to 50500.
See how the 14.6 and 23.6 Fibs of the previous range are now acting as supports.👇
Please like👍, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
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.