BitcoinShort
BTC 4H last dip
ADX is at 11, which is bearish. Also the ADR find a way down.
An ADX value below 20 indicates that the trend is weak.
A value between 20 and 30 indicates a neutral force.
Note that this does not mean that the trend itself is neutral.
The indicator says something about the power of a trend.
Finally, above a value above 30, there is a strong trend.
Support level 7000
Resistance level 8300
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An ADX value below 20 indicates that the trend is weak.
A value between 20 and 30 indicates a neutral force.
Note that this does not mean that the trend itself is neutral.
The indicator says something about the power of a trend.
Finally, above a value above 30, there is a strong trend.
Support level 7000
Resistance level 8300
Please don't forget to like if you if you appreciate this!
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.
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.