BTC Analysis
Hi traders!
As I previously analyzed (You can see it in my profile), the price reached near the 31K.
This resistance zone becomes a crucial one as for it coincides with the RSI satiation and mid line of the channel.
If price can break below the KEY zone (shown in image), a further retracement down to TARGET shown in image is probable.
Have a nice day!
As I previously analyzed (You can see it in my profile), the price reached near the 31K.
This resistance zone becomes a crucial one as for it coincides with the RSI satiation and mid line of the channel.
If price can break below the KEY zone (shown in image), a further retracement down to TARGET shown in image is probable.
Have a nice day!
Trade closed: target reached
Target reached!
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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.
Related publications
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.