BTCUSDT 4H | Bitcoin market overview: Correction
Hello, dear subscribers!
In the previous review we considered the possibility of bull attacking the resistance zone $11,800-$12,000 on the daily chart.
The attack took place, but the bulls could not get through the resistance. The current price is $11,440. On the 4-hour chart we enter the wide trading zone - $10,700-$12,000. On the daily chart MACD and RSI indicators show the upward movement weakening.
The main market situation at the moment is the correction with targets - $11,150 and $10,700.
Subscribe to the channel and stay with us!
In the previous review we considered the possibility of bull attacking the resistance zone $11,800-$12,000 on the daily chart.
The attack took place, but the bulls could not get through the resistance. The current price is $11,440. On the 4-hour chart we enter the wide trading zone - $10,700-$12,000. On the daily chart MACD and RSI indicators show the upward movement weakening.
The main market situation at the moment is the correction with targets - $11,150 and $10,700.
Subscribe to the channel and stay with us!
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.
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.