BTC is indecisive state now, we need to wait and see if it's leads down trend or uptrend.
On 4H chart, i think it may form more triangles, before it decide the path. But, watch if it breaks down 9900 support line, it may leads to more downside.
Guys, if you like the idea please put like button and if you have your own ideas you can share it in comments, I would like to see it.
On 4H chart, i think it may form more triangles, before it decide the path. But, watch if it breaks down 9900 support line, it may leads to more downside.
Guys, if you like the idea please put like button and if you have your own ideas you can share it in comments, I would like to see it.
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We broke down exactly at the trend line intersection on 4h chart same as like at 12000 price line. We may have some retrace to 10000-10300, but will see for sure 8800-9000 support or may be deeper more.
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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.