BitcoinUpdated BTC/USD - Possible Kijun Line Retest?
As you can see on the daily BTC/USD chart, the Kijun line acted as support and, after being breached, started acting as a heavy resistance line to the price of BTC, rejecting a possible move up everytime it was close to it. Watching for a possible retest of the Kijun line if we get closer to 9,000. Might be a good short set-up if rejection happens!
Note
Make or break
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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.