The BTC 1-hour chart still indicates downward pressure, as evident from the 1-hour candles. Currently, prices are confined within specific limits, yet there isn't enough buying activity to drive up the price. Essentially, there's a possibility that the price could continue to decrease or remain relatively stable for a certain period.
Note
What ya think guys?Note
26 300 break out could change the game at 1H-4H, otherwise 25 400 still on the wayNote
Told you :DTrade active
At 26,400, I'm observing resistance from sellers. The price might not continue to rise, as it depends on the presence and activity of buyers. my long 26 300 may be closed soon..Trade closed manually
26 440 long was closed, I see the resistance and I'm not sure if the pamp continuesTrade active
25 550 short opened from another resistance with a small SL
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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.