BITCOIN: Time For Rejection?
Looking at Bitcoin from a price action perspective, we can notice that BTCUSDT is trading at a critical resistance zone at 21760$, and 50% Fibonacci retracement level at the same time!
If the mentioned resistance zone holds, there will be a high probability for a rejection targeting 21160$ as a first target, and maybe 20700$ later next week.
Keeping an eye on the daily candle close today!
If the mentioned resistance zone holds, there will be a high probability for a rejection targeting 21160$ as a first target, and maybe 20700$ later next week.
Keeping an eye on the daily candle close today!
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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.
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.