TaherJalili

Price Back at Important Support Level

COINBASE:BTCUSD   Bitcoin
This is a market we have been discussing heavily of late.

After the support level held with a 4 hour chart bullish pin bar, price roared higher.

Price is now back at the same support level and once again making an important intraday test.

This level looks important for where price heads next. Whilst it would not surprise to see price range and consolidate from here, if price breaks lower, then it would expose the 10557.83 level.

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.