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Bitcoin / TetherUS PERPETUAL CONTRACT

$BTC is retesting the S/R level, don't panic! (yet)

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Previous resistance often times flips and becomes support.

BTC is safe until we hold the gray box.

Candles closing below the gray box will be bearish confirmation. Lots of confluence there as with 200EMA on D1 acting as dynamic support level. BTCUSDT.P
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Candlestick AnalysisSupply and DemandSupport and Resistance

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Candlestick AnalysisSupply and DemandSupport and Resistance
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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.