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MonoCoinSignal
Aug 17, 2022 1:56 PM

Heavy bearish wave? 

Bitcoin / TetherUSBinance

Description

Hello, dear TradingView members.

In the four-hour time frame, the possibility of upside is decreasing, unless the resistance of $24,880-$25,240 is broken.
Otherwise, by breaking the initial support of $23,745-$23,500, expect a drop to the key support of $22,650-$22,300. A break of this key support will turn the trend down again, with initial targets at $20,850 and $19,900.

Good luck!

Comment

Comments
khizerMalik007
I am expecting it will go up
MonoCoinSignal
@khizerMalik007 thanks for your comment
SwallowPremium
Nice, looking forward
MonoCoinSignal
TheTradersAvenue
Great analysis, awesome!
MonoCoinSignal
@TradingAxis thanks
ronny1969
Thanks
MonoCoinSignal
@ronny1969 you are welcome
FieryTrading
Great work!
MonoCoinSignal
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