Rhaonnor

Bitcoin trendlines and support break down

Rhaonnor Mis à jour   
COINBASE:BTCUSD   Bitcoin
BTCUSD break two trendlines and support at $37.3K on 4H MTF.
If the break below the support is valid we will see $33K levels soon.
If that's a fakeout and Bitcoin break above $38.5K, is likely to see a violation of the $40K resistance.
Commentaire:
Fakeout confirmed. Break out above $37.3K occurred in relatively high volume.
Maybe a local consolidation (1H LTF) between $37.3 and 38.5K before $40K crucial resistance.
If you're looking for shorts wait for the price to hit $40 - 42K.
Trade fermée: cible de profit atteinte:
Bitcoin is finally break out $40K crucial resistance in high volume.
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.