Bitcoin / TetherUSShort
BTC - 4 Hour chart update.
- Price is downtrending in the 4 hour chart and is now trading into some demand.
- Price violated the low at 7199 and formed a minor supply from the move down.
- Price is retesting the minor supply and could continue down from here.
- Bearish until price breaks 7135 unless price forms another high that is then violated.
- Price violated the low at 7199 and formed a minor supply from the move down.
- Price is retesting the minor supply and could continue down from here.
- Bearish until price breaks 7135 unless price forms another high that is then violated.
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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.