BTC in a pivotal position here. Let's see if we continue higher or fall back to low 30's.
Note
BTC testing support here, it just chopped around for most of the day. Let's see what happens.
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Starting to pullback here now under $38,000Note
Strong recovery by BTC at $3700. Touching the 38.2 fib extension resistance lvl now and struggling to get over. It also looks to be developing a H&S pattern here on the 1h chart. So let's see if that follows through.
Note
just chop city here. Daily chart showing the real pattern to watch. Never entered a position.
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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.