BTC traders should be aware of overhead resistance from the descending median line as well as potential resistance (prior support) at 47004. Do not be surprised if BTC should move sideways before resuming its trek north. Trend is still up.
Note
Weekly timeframe looks great. Well above the 20 day and cruising upwards to test the 1.5 STD of the 20 day MA.
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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.