BTC Daily Resistance trend line still in play
BTC had an amazing bounce coming off the break of daily equilibrium, however it is still unable to get past its resistance trend line on the daily chart. I would still be hesitant to short as btc did not break previous lower low of 6000$ last time we bounced off this resistance line. Meaning weekly equilibrium pattern can be forming.
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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.