It seems BTC price is playing out the descending triangle, so far. creating a new local higher high would invalidate the the Bearish theory, a price close above $35K.
Next major support is found between $24K to $19K; coinciding with the CME gap fill, highest price action volume, daily RSI cool off, between the 100 and 200 Daily EMA, golden support range of 0.618 from the last move up, and also the POC (point of control) is around $19.2K.
Happy trading.
Next major support is found between $24K to $19K; coinciding with the CME gap fill, highest price action volume, daily RSI cool off, between the 100 and 200 Daily EMA, golden support range of 0.618 from the last move up, and also the POC (point of control) is around $19.2K.
Happy trading.
Smart Crypto Association [ SCA ]
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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.
Smart Crypto Association [ SCA ]
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.