Corrective Waves?
In the preceding 24-hour period, Bitcoin experienced a temporary downward fluctuation attributed to limited market volume. Presently, Bitcoin is undergoing a corrective phase within the 4-hour time frame, exhibiting an upward trajectory within the 1-hour time frame. Notably, Bitcoin's prevailing resistance levels are situated at $27,000 and $27,700. At present, Bitcoin is surpassing the $27,000 resistance, necessitating observation of its response to the second resistance level. Consequently, it is imperative to await the breach of the second resistance level before anticipating further price growth and an upward trend. Conversely, movements approaching the resistance levels should be viewed as retracements within the downward trend.
💎 We believe that everyone can trade and deserves the opportunity to succeed in the world of cryptocurrency and take advantage of its potential.
🥇Join our free Telegram channel ➜ t.me/monocoin_public
👤Admin ➜ t.me/monocoin_admin
🥇Join our free Telegram channel ➜ t.me/monocoin_public
👤Admin ➜ t.me/monocoin_admin
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.