Hi dear traders
BTC is in a Wedge pattern.
As you can see, It has important support that it has responded to three times so far and on the other hand, a strong resistance line that prevented it to go up twice. They will intersect in the coming days, and Bitcoin Price Action will determine the fate of Bitcoin in the coming weeks and months.
https://www.tradingview.com/x/YMnUUF7b/
Bitcoin, on the other hand, broke down the 200-day moving average resistance with a strong candle yesterday, left the distribution area, and has candles that indicate aggressive sellers, which can not be a good sign for a price increase
BTC is in a Wedge pattern.
As you can see, It has important support that it has responded to three times so far and on the other hand, a strong resistance line that prevented it to go up twice. They will intersect in the coming days, and Bitcoin Price Action will determine the fate of Bitcoin in the coming weeks and months.
https://www.tradingview.com/x/YMnUUF7b/
Bitcoin, on the other hand, broke down the 200-day moving average resistance with a strong candle yesterday, left the distribution area, and has candles that indicate aggressive sellers, which can not be a good sign for a price increase
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.