DenisTrofimov

Bitcoin in the range Testing Mid Range

CME:BTC1!   Bitcoin CME Futures
Bitcoin is finishing forming the local double bottom and about to test Resistance 1. The price looks a bit exhausted into it, so a small pull-back to Support 1 will not be a surprise. The volume looks pretty weak and the continuation pattern has some ODDs of failing and dropping below Support 1 into Main support.

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.