BTC in the 2H timeframe shows good support at the current market price (CMP) where we have the 100 EMA. Additionally, the lower trendline indicates support at $67.7k.
We have short-term resistance at $SWB:69K, and if BTC breaks above the blue range, a price jump up to the local top of $71.9k is likely expected.
Invalidation point: $67.7k.
Do your own research before making any decisions.
Regards,
Team Dexter.
We have short-term resistance at $SWB:69K, and if BTC breaks above the blue range, a price jump up to the local top of $71.9k is likely expected.
Invalidation point: $67.7k.
Do your own research before making any decisions.
Regards,
Team Dexter.
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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.