BitcoinShort
BTCUSD ⚡ Price IS Moving DOWN to Support Line 📉
On November 7, the price began its strong and steady upward growth. As we can see the price was resisted by the resistance line and the support line. These lines are also important in today's idea. Notice how the price pushed away strongly from the lines, not breaking them, but at the same time making strong breaks of both the resistance and support lines.
The price bounced off the resistance line and began to fall. Today I expect. that the price will continue this movement and be able to reach the support line. You can also see how the price lingered on the support line. I think that this is how the price was gaining strength for a strong fall, which will soon come.📉
Do you agree?)
Your Solldy.
The price bounced off the resistance line and began to fall. Today I expect. that the price will continue this movement and be able to reach the support line. You can also see how the price lingered on the support line. I think that this is how the price was gaining strength for a strong fall, which will soon come.📉
Do you agree?)
Your Solldy.
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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.