BitcoinShort
Hard Rejection in Bitcoin!!
As discussed here, Bitcoin was able to break through 
42K, but 43.1K provided prohibitive resistance. We rejected this level hard and fell through the 42K's where we anticipated at least some support, back to the base of the 40K handle. A wick even tested the high 
39K's. We have since recovered 40K, just barely. We are making an attempt to test 40.8K, with a red triangle on the KRI confirming some resistance here. We should see further resistance from the 
41K to 42K range, and support from 39.2K if we breakdown further.
42K, but 43.1K provided prohibitive resistance. We rejected this level hard and fell through the 42K's where we anticipated at least some support, back to the base of the 40K handle. A wick even tested the high 39K's. We have since recovered 40K, just barely. We are making an attempt to test 40.8K, with a red triangle on the KRI confirming some resistance here. We should see further resistance from the 41K to 42K range, and support from 39.2K if we breakdown further.
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Join my discord at discord.io/quantguy
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.