Hi friends, today we want to analyze BTC in 4 hour time frame
As we can see that we have an uptrend 4H Channel which also coincides with a strong downtrend resistance trend line that it has broken the trend line and also performing it's pull back.
Also in the case of channels when it breaks from upper side we may Witness a parabolic move we have an important resistance level at $91,800 that is a key level in daily and weekly time frames as well.
As we can see that we have an uptrend 4H Channel which also coincides with a strong downtrend resistance trend line that it has broken the trend line and also performing it's pull back.
Also in the case of channels when it breaks from upper side we may Witness a parabolic move we have an important resistance level at $91,800 that is a key level in daily and weekly time frames as well.
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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.