I believe we could witness a resistance test king.
This morning in my 1D chart, where I follow the global price trend also with indicator linked to mining, hash and difficulty the hash ribbon appeared. A very strong signal. I therefore believe that it is possible also given the trend of A / D and the persistence at this level that BTC can try a new test on the resistance at 7740USD:
A good opportunity for a mini long.
Hash Ribbon:
This morning in my 1D chart, where I follow the global price trend also with indicator linked to mining, hash and difficulty the hash ribbon appeared. A very strong signal. I therefore believe that it is possible also given the trend of A / D and the persistence at this level that BTC can try a new test on the resistance at 7740USD:
A good opportunity for a mini long.
Hash Ribbon:
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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.