Looks like BTC broke down from the channel.
Looks like head and shoulder bearish pattern.
It is goes back up and stays above the line, it has good chances of strong recovery.
Looks like confirmation is needed here, may be backup to 57k to 59k and then come back down to 52k.
FOMC today will swing stocks very aggresively.
Happy trading
Looks like head and shoulder bearish pattern.
It is goes back up and stays above the line, it has good chances of strong recovery.
Looks like confirmation is needed here, may be backup to 57k to 59k and then come back down to 52k.
FOMC today will swing stocks very aggresively.
Happy trading
Note
Holding that support is crucialNote
Still hammering the top resistance, will it break above or weakness will follow.
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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.