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- Resistance area 6500 - 6800 denied & Rising Wedge
- This is the next important resistance current level - 6040
- BTC probably retesting the downtrend line
If it bounces of the line I'm still positive on the price action
-Im positive it is going to bounce on this line
given the small bull divergence + RSI is oversold
- Weekly chart is bullish aswell - Bull divergence on OBV/ Stoch RSI oversold etc
- If not --> Back to this support area .. again... 5700/5800 'ish
- Resistance area 6500 - 6800 denied & Rising Wedge
- This is the next important resistance current level - 6040
- BTC probably retesting the downtrend line
If it bounces of the line I'm still positive on the price action
-Im positive it is going to bounce on this line
given the small bull divergence + RSI is oversold
- Weekly chart is bullish aswell - Bull divergence on OBV/ Stoch RSI oversold etc
- If not --> Back to this support area .. again... 5700/5800 'ish
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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.
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.