During this bull run BTC has tended to range when traders anticipate a pullback, consolidate, then defy expectations for more upside. Expecting this again, but if it breaks below substantially we could be headed for a retest of 21 week MA.
These range charts over the past month have been very good signals for trades.
Like & Follow if you enjoy my ideas.
These range charts over the past month have been very good signals for trades.
Like & Follow if you enjoy my ideas.
Note
Lower level of range being tested.Note
Upper level of range being tested. Watching 34700 to break before impulse up.Note
Interestingly, we are back in this range with bearish pressure above us. DXY will signal the next move!Note
Bottom of this range is where bulls stepped back in to defend the macro trend. Wow!
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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.