BTCUSDT 2 hour analysis
Updated
The first identified spinning top signified a reversal in momentum, the second may indicate the same
3/1 Gann Fann acting as resistance level along with both 0.236 fib retracement levels with both 0.5 levels acting as short and longer term suppot lines
PPO starting to curve down relative to MA line
All indications pointing toward a small drop in price level with 0.5 short term retracement level acting as potential next support level
3/1 Gann Fann acting as resistance level along with both 0.236 fib retracement levels with both 0.5 levels acting as short and longer term suppot lines
PPO starting to curve down relative to MA line
All indications pointing toward a small drop in price level with 0.5 short term retracement level acting as potential next support level
Comment
Correction: Just broke through 3/1 resistance lineDisclaimer
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.