BTC / 4H / 6 November
Based on the analysis that can be seen from the dynamic support line and also the ceiling of the parallel channel in which Bitcoin is placed, two scenarios can occur. First, Bitcoin rises to the ceiling of the parallel channel, i.e. $38,000
Second, by breaking the support, it will fall to the middle of the parallel channel, i.e. $32,000
Second, by breaking the support, it will fall to the middle of the parallel channel, i.e. $32,000
Trade closed: target reached
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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.