Get started
HawkEye7

BTCUSD : Resistace and Support

Bitcoin (BITSTAMP:BTCUSD)  
HawkEye7 Updated   
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Harmonic Patterns Chart Patterns XBTUSD xbt BTCUSD BTCUSDT
9
1
trendanalysis harmonicpatterns chartpattern xbtusd xbt btcusd btcusdt
Sell signal showed up in daily candle.

After the Double-Top, the 1st support level was broken.

In 4-hr chart, the support level and higher have become the Key Resistance Level .

Based on the downward channel and parallel line, if the 1st Support Level is broken then the price would drop to the 2nd Support Level .
Comment:
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.