hoaxical

What we could expect with BTC..

BINANCE:BTCUSDT   Bitcoin / TetherUS
If BTC breaks the key resistance area, we can see it at 23k over the next few weeks. However, if it drops to 21.5k without resistance, there would be a confirmation that it will break below 21k and potentially also break below diagonal support, at 20k. We can consider the current uptrend as a retest for the bearish pennant formed on 16 July.

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.