RACEACEACE BTCUSD #BITCOIN TOPPING?
The price is currently showing signs of topping off. If bulls fail to hold the support of the 9304-9279 region, they will lose the battle and a dump to 9021 would be on the cards.
I believe it is possible for the price to bounce near 10:30 utc and put in a top near 13:30 utc near 9544. However, it is necessary for them to keep the price above 9279-9304, or else admit defeat.
Please remember that I am a lower t.f scalper (1-30 min). I do not swing trade, so my bias will change as the price changes.
PLEASE NOTE: IF 9544 BECOMES SUPPORT, THE NEXT RESISTANCE WILL BE 9816. DO NOT GET BEAR TRAPPED!
I believe it is possible for the price to bounce near 10:30 utc and put in a top near 13:30 utc near 9544. However, it is necessary for them to keep the price above 9279-9304, or else admit defeat.
Please remember that I am a lower t.f scalper (1-30 min). I do not swing trade, so my bias will change as the price changes.
PLEASE NOTE: IF 9544 BECOMES SUPPORT, THE NEXT RESISTANCE WILL BE 9816. DO NOT GET BEAR TRAPPED!
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Disclaimer
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.