Bitcoin decided to make a decisive move past the red zone, acting as resistance previously.
Broken resistance- 3970 level
Approaching resistance levels- 4174 and 4241
Ideally we want to see the red box hold as support on retest.
Will be looking to long on the retest of red block
Broken resistance- 3970 level
Approaching resistance levels- 4174 and 4241
Ideally we want to see the red box hold as support on retest.
Will be looking to long on the retest of red block
Note
Plan is still the same, expecting a stop run below 3937 before going up...
3912 level needs to hold.
If price breaks below the red box "cleanly", I will exit my longs.
cheers!
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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.