Okay so as you see the yellow dotted line. It’s acting as a support and also as a resistance in the past. If we analyse the previous record we can see it is very easily broken and hence not a stable resistance or a support. So it gas 99% chances of breaking it and continue in the upward director for an hour or two.
BTCUSD Timeframe: Medium Term, Technical: Strong Bullish <$50489 BTC/USD COINBASE:BTCUSD crevixtrader BTCUSD (Exiting: Range, Entering: Strong Trend @ $45800) # 1 Day # Technical Analysis #crevixtrader
Capitulation To Happen Now? Comments… $50K, $20K, $15K ??? Bitcoin / TetherUS BINANCE:BTCUSDT AlanSantana We have 6 weeks closing bearish for BTCUSD , the worst ever… Do you think that capitulation will take place now? […]
NEAR Potential Short off GP/VAH NEAR / TetherUS BINANCE:NEARUSDT patburns7791 Bearish divergences appearing on a lot of these altcoins after today’s pump into some very significant resistance levels. Will be doing a setup dump