BitcoinShort
Untested Levels on the BTCUSD 4hour
Here are three levels I believe are untested on the BTCUSD 4 hour in the current uptrend.
As we continue to lose support, I imagine that price will come and test these levels.
Because price is in a longer term downtrend (note the failure of price to achieve the $20,000 ATH by failing at $14,000) - it's more likely that price will :
> Bounce off of these levels, find resistance, and then breakdown below these levels.
As we continue to lose support, I imagine that price will come and test these levels.
Because price is in a longer term downtrend (note the failure of price to achieve the $20,000 ATH by failing at $14,000) - it's more likely that price will :
> Bounce off of these levels, find resistance, and then breakdown below these levels.
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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.