We know BTC respects CPR monthly resistances.
In this case we are about to confront the first resistance after having a few weeks struggling to even hold the central pivots.
Will BTC be able to crash the first green resistance and turn it into support or is it going to be a challenge?
We are approaching it after a few days of bearish 4h and 1h divergences.
Orchestrator started firing from 47.5K.
Bitcoin seems exhausted but there’s still chances we can nail 51k
In this case we are about to confront the first resistance after having a few weeks struggling to even hold the central pivots.
Will BTC be able to crash the first green resistance and turn it into support or is it going to be a challenge?
We are approaching it after a few days of bearish 4h and 1h divergences.
Orchestrator started firing from 47.5K.
Bitcoin seems exhausted but there’s still chances we can nail 51k
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Join our membership to gain access to the private scripts.
thetradingparrot.com
thetradingparrot.com
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.