Bitcoin testing blue resistance SCD band on 1hr and find some sellers. They created double gapping separation cluster of two candles on 3 min chart (orange square) and that project resistance across the chart(dotted line). On approaching again to this level they created gapping down from this level.
Rsi on 1 hr staying below 50- downside has strong momentum.
Let’s see if sellers can push price down to test bottom bolinger on 1 hr again.
Rsi on 1 hr staying below 50- downside has strong momentum.
Let’s see if sellers can push price down to test bottom bolinger on 1 hr again.
Trade closed: target reached:
Closed tp1 reached