⭕In the previous analysis, it was pointed out the small rise of Bitcoin and the ability to break the resistance of 44281, but Bitcoin failed to maintain its rise.
And with a strong movement, it went below the resistance that was broken.⭕
💲Similar to this move has already happened in the market.💲
📊Looking at the divergence created in rsi, the similarity to the previous movement increases.📊
📉But I'm still not completely bearish as long as 40K is market support.
With the loss of 40k, the market will decline.📈
🍀Support: 40 k
🩸Resistance: 45.5K
And with a strong movement, it went below the resistance that was broken.⭕
💲Similar to this move has already happened in the market.💲
📊Looking at the divergence created in rsi, the similarity to the previous movement increases.📊
📉But I'm still not completely bearish as long as 40K is market support.
With the loss of 40k, the market will decline.📈
🍀Support: 40 k
🩸Resistance: 45.5K
Note
Order cancelled
Trade active
It will be activated after breaking 40kTrade active
Trade closed: stop reached
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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.