IvanSanchaNez

BTC reaching supply/resistance zone.

COINBASE:BTCUSD   Bitcoin
BTC breaks downtrend channel daily , good bullish signal but is facing 10.000 supply/resistance zone .

BTC maybe retest the downtrend channel first and then catch a new bullish momentum. (yellow line)

if Breaks 10.000 is (green line) , testing 10.500 resistance zone , then testing support zone at 10.000 and then bullish rally again.

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.