Bitcoin Downtrend?
On the 1-day chart, it looks like Bitcoin is experiencing lower highs, which would means this level that we're could see potential for a downward trend. We will have to wait some time to see how it plays out. I'll be holding USDT for now until this chart plays out a little more.
The top black line indicates key resistance levels and the bottom black line is the key support level. Red rectangles indicate points of mid levels of support which can be used for intra-day trades.
The top black line indicates key resistance levels and the bottom black line is the key support level. Red rectangles indicate points of mid levels of support which can be used for intra-day trades.
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.