Bitcoin / TetherUpdated wait for reaction
"Well, we have reached the target we wanted and expected🔥🔥. Now we need to see the daily candle reactions towards the middle line of the channel, which may take a few days. If the volume increases in the direction of selling towards the middle line of the channel, we can expect the line to break down. Also, if the daily candle does not close above the resistance line of 40310, we cannot consider any long position or price increase."
Note
we see price broke 40310 but volume is decreasing so we cant trust to this break and It can only be a price increase based on saving profits and a LH than the previous LH of 43,180. But if the price stabilizes at 43180 , we can change our view to the market.
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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.