BTC/USD 8k and break of the Downtrend Retest ? for BITFINEX:BTCUSD by Cariocharles — TradingView

Trend Lines Multiple Time Frame Analysis Wedge BTC BTCUSD BTCEUR BTCUSDT Bitcoin (Cryptocurrency) bitcoinusd

trendline mtfa wedgepattern btc btcusd btceur btcusdt bitcoin bitcoinusd

All on chart & title + rsi cooling

Comment:

1D chart :

snapshot

Comment:

bounced perfectly on 8800 support
My idea becomes invalid if we break this level :

snapshot

AND 9600

Comment:

Bitcoin bounced on the 8800 support and couldn't break the previous high around 9600.
This idea is still valid. It might go to 7200 too

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.