Hi guys!
BTC has tested the same support zone eight times around the $110,000 – $110,300 range (highlighted in green).
Repeated retests of a support level often signal weakening buyer strength, increasing the probability of a breakdown.
If the price manages to break below this zone, the next key support lies around $106,430, which could be the next target area for bears.
BTC has tested the same support zone eight times around the $110,000 – $110,300 range (highlighted in green).
Repeated retests of a support level often signal weakening buyer strength, increasing the probability of a breakdown.
If the price manages to break below this zone, the next key support lies around $106,430, which could be the next target area for bears.
Proud ThinkMarkets Ambassador -> Discover & Grow: bit.ly/Think-Markets
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My recommended Exchange -> YEX: bit.ly/YEX-M
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Telegram channel: t.me/melikatrader94
Forex channel: t.me/melikatrader94GoldForex
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My recommended Exchange -> YEX: bit.ly/YEX-M
------
Telegram channel: t.me/melikatrader94
Forex channel: t.me/melikatrader94GoldForex
Related publications
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.
Proud ThinkMarkets Ambassador -> Discover & Grow: bit.ly/Think-Markets
------
My recommended Exchange -> YEX: bit.ly/YEX-M
------
Telegram channel: t.me/melikatrader94
Forex channel: t.me/melikatrader94GoldForex
------
My recommended Exchange -> YEX: bit.ly/YEX-M
------
Telegram channel: t.me/melikatrader94
Forex channel: t.me/melikatrader94GoldForex
Related publications
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.