Bitcoin flipped support and now back testing it as resistance. Price also close to the down trend line of this short term consolidation. To get short term bullish I would want to see a push through the LVN (3730-3785). Volume and volatility has been decreasing.
Supports-There is another LVN which has been a decent S/R zone at 3575-3560 where we found support on the last drop. A break of that zone and I will be watching the LVN 3400-3370 for short term resistance.
Resistances- The LVN described above at 3730-3785. I think there will also be some supply waiting at 3870 which is the POC from this build out dating all the way back to the end of November.
Supports-There is another LVN which has been a decent S/R zone at 3575-3560 where we found support on the last drop. A break of that zone and I will be watching the LVN 3400-3370 for short term resistance.
Resistances- The LVN described above at 3730-3785. I think there will also be some supply waiting at 3870 which is the POC from this build out dating all the way back to the end of November.
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.