BTCUSD must bounce
Bitcoin has come under major downside pressure after finally breaking under the well-defined descending triangle pattern on the higher time frames. The $8,300 level is must bounce level for the BTCUSD pair or the cryptocurrency could slide towards the $7,500 level. Overall, the BTCUSD pair is a sell while trading under the triangle, bulls desperately need to rapidly move price back inside the triangle.
The BTCUSD pair is only bullish while trading above the $9,100 level, key resistance is located at the $9,600 and $10,300 levels.
If the BTCUSD pair trades under the $9,100 level, sellers may test towards the $7,500 and $6,800 support levels.
The BTCUSD pair is only bullish while trading above the $9,100 level, key resistance is located at the $9,600 and $10,300 levels.
If the BTCUSD pair trades under the $9,100 level, sellers may test towards the $7,500 and $6,800 support levels.
Похожие публикации
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.