TradingView
peacefuljustin
20 sie 2022 14:20

Bitcoin The Trend Is Your Friend? Resistance Ahead. Long

Bitcoin / United States DollarCoinbase

Opis

We're a couple weeks away in to seeing if we will break out of our sloping resistance we've formed since November 10th which officially marked the top of the bull market and start of the bear market. Ideally we would want to be holding above $24,000 to continue the uptrend we started since June 18th. If we can not successfully break out of this downtrend there's a strong likelihood that we fall back below a sub $20,000 Bitcoin.

We will know something by the end of September. Between $19,000 - $24,000 is the range we've been trading since June. A lot of price interaction and support around the 20k - 21K price range on the visible range bars.
Więcej