If I'm correct that's a Change of Character (CHoCH) in old price action. This coupled with the break of 45800 gives the idea that we're still bullish. Currently
BTC is lying on a daily bullish OB and also on a trendline support. Here, I'm expecting a bounce to take out 48200.
So for now, I'm closing all SHORTS!
So for now, I'm closing all SHORTS!
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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.