Bitcoin / TetherUSUpdated BTC Horizontal Channel 1hr
After breaking from the rising wedge, we retested the 23.8k support line
We are still on Horizontal channel on the lower half
Key break point 24.2k
Redlines are resistance
Green lines are support
We are still on Horizontal channel on the lower half
Key break point 24.2k
Redlines are resistance
Green lines are support
Note
We have a confirmed break down on the hourly time frame with a retest.we might have another retest before going further to the downside or side way action for the short time being
support line 23k~23.2k 22.7k and a crucial support line at 22.5k
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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.