#BITCOIN / Is it growing or falling?
Willingness to grow more.
Considering that it is above the upward trend line
It can continue its growth at least up to the range of 64390.34-64627.21
If a fall occurs, it is temporary and growth starts from one of the supports of 62180.99 or 61514.60.
The STOP-LOSS growth scenario and the continuation of the decline is the break of the 61514.60 support in the 4-hour time frame.
Considering that it is above the upward trend line
It can continue its growth at least up to the range of 64390.34-64627.21
If a fall occurs, it is temporary and growth starts from one of the supports of 62180.99 or 61514.60.
The STOP-LOSS growth scenario and the continuation of the decline is the break of the 61514.60 support in the 4-hour time frame.
Note
Due to the BREAK of the BULLISH trend-line of the 1-hour time-frame, the possibility of a temporary fall to the targets of 62180.99 and 61514.60 is high.
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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.