BTC - 3D Update
BTC has failed yet again to close a 3D candle above the 71.3k resistance leading us on a large liquidation hunt back to to the 68k level currently trading above 69k. Our post a few weeks ago outlining this extremely important level can be found here:
https://www.tradingview.com/chart/BTCUSD/9mInKO7a-BTC-Most-Important-Level-Identified/
Right now it seems like we are testing the old resistance that was flipped into new support as new support again. A link to that post can be found here:
Same trendline was wicked to during the liquidation hunt. Right now things are in tact for BTC if it can continue to hold these levels of support. We can still say with confidence that the true bull market will not begin until a 3D candle is closed above 71.3k.
Will give you guys some altcoins charts to watch next.
https://www.tradingview.com/chart/BTCUSD/9mInKO7a-BTC-Most-Important-Level-Identified/
Right now it seems like we are testing the old resistance that was flipped into new support as new support again. A link to that post can be found here:
Same trendline was wicked to during the liquidation hunt. Right now things are in tact for BTC if it can continue to hold these levels of support. We can still say with confidence that the true bull market will not begin until a 3D candle is closed above 71.3k.
Will give you guys some altcoins charts to watch next.
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