BTCUSDT 1M
BTC is at major support zone and the chart pattern formed is head/shoulder (also a double top) which is a bearish pattern.
If support zone is broken, BTC would trade at levels below 29k and possibly hit 18k zone which is another major support zone. An OB at 10k might be taken out before there's bullish bias in the BTC market.
(NOT FINANCIAL ADVICE).
If support zone is broken, BTC would trade at levels below 29k and possibly hit 18k zone which is another major support zone. An OB at 10k might be taken out before there's bullish bias in the BTC market.
(NOT FINANCIAL ADVICE).
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.