BTC/USD: Potential Change in Trend
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BTC went through a strong bearish phase till middle of March and entered in to a weak rally till first week of April. Since then it has been showing signs of weakness as shown by the simple trend following (High-Low) mechanism on the chart.
If the current trend continues we may see 5850 and 4810 test.
I do not trade BTC and all the above views are personal.
Hit like if its worth.
Regards
JJSingh
If the current trend continues we may see 5850 and 4810 test.
I do not trade BTC and all the above views are personal.
Hit like if its worth.
Regards
JJSingh
Nota
Nota
On the hourlyNota
Nice rejection from the resistance zone mentioned above.Nota
Nota
A pullback can't be ruled out.
JJ Singh
Trader/Investor
Moderator, TradingView
🚀Join t.me/jjsingh_2020 ,
A Free Education channel
🚀Tweet at twitter.com/JaySingh_2020
Trader/Investor
Moderator, TradingView
🚀Join t.me/jjsingh_2020 ,
A Free Education channel
🚀Tweet at twitter.com/JaySingh_2020
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