#BTC/USD Update (BINANCE Chart) +
📊 1W-Frame 📉 S & R 📈 Chart Update
We must consider that until #Bitcoin is trading below the crucial bear resistance area (45000$~50000$), There will be still the possibility of another leg down in the long term view!
Positive signs:
🟢 Closing the weekly candle above 43720$.
🟢🟢 Breaking up the 46216$ resistance.
🟢🟢🟢 Breaking up the 50000$ and consolidation above it!
Negative signs:
🔴 Breaking down the 40000$ support.
🔴🔴 Breaking down the 36000$ support.
🔴🔴🔴 Breaking down the 28000$ support.
📊 1W-Frame 📉 S & R 📈 Chart Update
We must consider that until #Bitcoin is trading below the crucial bear resistance area (45000$~50000$), There will be still the possibility of another leg down in the long term view!
Positive signs:
🟢 Closing the weekly candle above 43720$.
🟢🟢 Breaking up the 46216$ resistance.
🟢🟢🟢 Breaking up the 50000$ and consolidation above it!
Negative signs:
🔴 Breaking down the 40000$ support.
🔴🔴 Breaking down the 36000$ support.
🔴🔴🔴 Breaking down the 28000$ support.
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.
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.