The bearish divergence played out and BTC is heading toward strong support zones. On the 6H chart, we can see some bullish divergence currently building up.
1) If it breaks the upper trend line and holds, then the next target would be around 21.8K 2) If it breaks below 17.5K, then expect a major move down between 12K - 14K
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.