Hi everyone,
Thank you for considering reading my idea.
Using a simple support & resistance method, we can see that these two lines: SR1 and SR2 are important for Bitcoin's price action. We recently broke down the SR1. To confirm this breakdown, we need to test SR1 as resistance. The next support is at SR2. This support is also near the target area for our rising wedge (see related idea below)
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Juvs
Thank you for considering reading my idea.
Using a simple support & resistance method, we can see that these two lines: SR1 and SR2 are important for Bitcoin's price action. We recently broke down the SR1. To confirm this breakdown, we need to test SR1 as resistance. The next support is at SR2. This support is also near the target area for our rising wedge (see related idea below)
Thank you for reading my idea. Like this idea and follow me for more analysis like this. NFA . TAYOR. DYOR.
Follow me on my Twitter as well linked below.
Cheers,
Juvs
Nota
Fake out But a test of resistance in our major bear flag
Nota
Last time, we broke SR1 but did not find support. Now that we broke down on it again, are we now going to see resistance in SR1?
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Penafian
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Penerbitan berkaitan
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.