Search
Products
Community
Markets
News
Brokers
More
IN
Get started
Community
/
Ideas
/
Bitcoin Pullback ?
Bitcoin / TetherUS
Short
Bitcoin Pullback ?
By USBullsBears
Follow
Follow
Aug 12, 2021
6
Aug 12, 2021
BTC/USDT tested and failed to break above current resistance of $46,743.43...
This left us with a break under the local trendline as well as having RSI Divergence.
This could either be a bear trap or a start to a nice pullback.
Once this retests the trendline and shows signs of weakness we will know a pullback is very close.
This pullback could land us back to our main trendline or break us further below to $40,000.
Let me know what you think!
Bitcoin (Cryptocurrency)
bitcoinanalysis
bitcoinforecast
BTCUSD
btcusdshort
BTCUSDT
Chart Patterns
crypto
Cryptocurrency
cryptotrading
Fundamental Analysis
Trend Analysis
USBullsBears
Follow
Also on:
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
.