BTC (4H): Range Bound
BTC is moving within a consolidation box
Price is ranging between:
61,800 (Resistance, top of channel)
57,700 (Support, bottom of channel)
Bulls need strength to break the resistance of 61,800.00
AB=CD pattern target calls for 68,000 (Daily Descending channel top)
However, a resistance of 63,500 will require Bullish move.
Price is ranging between:
61,800 (Resistance, top of channel)
57,700 (Support, bottom of channel)
Bulls need strength to break the resistance of 61,800.00
AB=CD pattern target calls for 68,000 (Daily Descending channel top)
However, a resistance of 63,500 will require Bullish move.
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.