#BTC - Double Bottom Bounce Met With Key Resistance
#BTC - Double Bottom Bounce Met With Key Resistance
Bounced off the 16k support well - not hugely surprising and showing a pretty nicely double bottom here. We are currently challenging the consolidation level so it will be tough to break. We do have a bullish weekly pivot up to 18.2k which is a little bit exciting although 17k is going to be a beast of a resistance to break.
Bounced off the 16k support well - not hugely surprising and showing a pretty nicely double bottom here. We are currently challenging the consolidation level so it will be tough to break. We do have a bullish weekly pivot up to 18.2k which is a little bit exciting although 17k is going to be a beast of a resistance to break.
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.
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.