BTC got rejected from the $28k resistance level as expected and this rejection has brought the price back to $26.8k. Now, the upcoming possible move could be BTC reaching down toward $26k and then bouncing back. Failing to hold the $26k support level could be disappointing.
Key points:
1. Drop levels: $25.8k to $26.3k.
2. Invalidation level: A breakdown and close below $26k.
3. Positive move: A bounce back from the drop level.
Trade safely.
Key points:
1. Drop levels: $25.8k to $26.3k.
2. Invalidation level: A breakdown and close below $26k.
3. Positive move: A bounce back from the drop level.
Trade safely.
Note
BTC Update:
Looks like we are in the zone once again. Let's see if this time BTC can hold the support level or breaks down below it.
Trade safely.
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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.
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.