Hey guys, here's a quick update on BTC in 3 hours timeframe.
BTC has been struggling to break through the 21 MA resistance level. The good thing is that BTC is still above the support level and until and unless BTC stays above it, we can expect a jump toward the $17k.
So, I am aiming for $17k in the short term. The invalidation point will be a candle close below the support line. What do you think?
BTC has been struggling to break through the 21 MA resistance level. The good thing is that BTC is still above the support level and until and unless BTC stays above it, we can expect a jump toward the $17k.
So, I am aiming for $17k in the short term. The invalidation point will be a candle close below the support line. What do you think?
Note
BTC reached close to $17k. At this point, we have a resistance to break.
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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.