BTCUSD bearish structure on 1H timeframes.
On the weekly and daily timeframe, the price is under pressure (either the absence of a strong buyer or active selling).
The target is liquidity in the zone of 77500 - 74500.
If the reaction to the support is weak, the price may seems Fall more to down side.
Local bounces that give hope to the crowd are just “helicopters” of the news background and nothing interesting comes out of it. It is only a short-term growth (for energy accumulation) before continuing the fall.
Open and read And must Share your idea in comments because what did you think about Gold today movement them I'll share more idea to with you Thanks For Support.
On the weekly and daily timeframe, the price is under pressure (either the absence of a strong buyer or active selling).
The target is liquidity in the zone of 77500 - 74500.
If the reaction to the support is weak, the price may seems Fall more to down side.
Local bounces that give hope to the crowd are just “helicopters” of the news background and nothing interesting comes out of it. It is only a short-term growth (for energy accumulation) before continuing the fall.
Open and read And must Share your idea in comments because what did you think about Gold today movement them I'll share more idea to with you Thanks For Support.
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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.