AtonicShark

BITCOIN 6H TA: Can Support again?

BINANCE:BTCUSDT   Bitcoin / TetherUS
In the previous one-hour Bitcoin analysis, the trend line we had drawn was maintained, and with the impact of resistance, a downtrend was formed and the market fell and reached the support range again. We currently have significant support for trend line dynamics in the 6-hour timeframe, which increases support expectations.
In Price Action Classic, a descending structure is broken and a peak is created above the previous peak, and if a lower valley is not formed, expect an upward trend.


Its not Buy or Sell SIGNAL
DYOR

BY : Mohamad Teriz - @AtonicShark

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.