BTCUSD pair is forming a symetric triangle on the 4H chart with a strogn downtrend.
This could lead to a short term pullback to the support level. If 2800-3000 is rejected again this will become a major support.
RSI is under 50 and heading south, meaning bears dominance.
Stay tuned for updates.
WNZ
Get live updates and analysis of the cryptocurrency market: t.me/ZeddmoTrading
This could lead to a short term pullback to the support level. If 2800-3000 is rejected again this will become a major support.
RSI is under 50 and heading south, meaning bears dominance.
Stay tuned for updates.
WNZ
Get live updates and analysis of the cryptocurrency market: t.me/ZeddmoTrading
Comment:
Market testing first support zone.
Order cancelled:
Market found support on first zone.