Long

BTC Critical Resistance turned support

Updated

BTC Important Resistance turned support with bullish momentum divergence on 12Hr. The reaction is also strong, daily close should confirm.

Note

If one wants to be cuter or take high-risk position, a pullback to 26k is ideal although not guaranteed.

Note

Also, very likely price just consolidates in this region because I doubt any significant move will begin before CPI/FOMC next week.

Note

Additional warning:

"SEC TO TEMPORARILY FREEZE ALL BINANCE US ASSETS: FILING"

Better to sit out until next week to see how this SEC drama unfolds. Could well be a double shakeout Bart.

Note

ponzialchemist

Also on:

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.