Short-term bearish activity playing out on the BTC chart
Expecting price to re-test today's lows, a break could send price plummeting between $19.3k and $19.5k
Support and resistance levels have been calculated by a strategy put together using the Bollinger Bands.
Expecting price to re-test today's lows, a break could send price plummeting between $19.3k and $19.5k
Support and resistance levels have been calculated by a strategy put together using the Bollinger Bands.
Comment:
Failed to mark the area around 19.8K as a strong demand zone. Market temporarily wicked below, but looks as if it'll play around with the area before making a final decision in the coming hour so.
Trade closed: stop reached