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EngineersEye
Dec 24, 2020 8:27 AM

📉 Daily Bitcoin chart review 📈 

Bitcoin / TetherUSBinance

Description

That chart is becoming really ugly for trading. While price moves sideway within ~22400-24300 range, momentum at daily is turning bearish. Yesterday choppy market killed both long and short stops. If today BTC manage to get above ~23500, there will be another day of chop chop action. If fail possible start of retracement. Nearest 4-8 hours will show the way.

D22-23: AC ⬆️🔻 AO ⬆️🔻
D21: AC ⬆️🔻 AO ⬆️⬆️
D15-20: AC ⬆️⬆️ AO ⬆️⬆️

Resistance 23470 - 23900 - 24240
Support 22900 - 22300 - 22000

😱 Fear & Greed index: 86 (<= 93 <= 88 <= 92)
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