Breadyang

07/07/20 Bitcoin analysis

Short
BITFINEX:BTCUSD   Bitcoin
You have reached the resistance zone mentioned in the last idea.

The blue line is the upward trend line that deviated from the main.

It appears that they are resisting after falling below the uptrend line.

If it breaks above the red resistance section and the main downtrend line, it is judged to rise to the main resistance.

The 6700 is considered an important support section.

# Note
Other than BitFinex, the other exchanges couldn't get out of the Main Downtrend line.


BTCUSD
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.