Finally the H&S reversal pattern was a great warning indicator of this fall down.
Bitcoin price broke the yearly highest volume node at 41800$ and bounced from the 40k$ price level. Actually it has stabilised around the yearly VWAP (40700$) and can retest the 41800$.
The 4H momentum show us a potential upward movement.
The next resistance is 41800-42000$.
The next supports are 39650$ & 38700$.
Bitcoin price broke the yearly highest volume node at 41800$ and bounced from the 40k$ price level. Actually it has stabilised around the yearly VWAP (40700$) and can retest the 41800$.
The 4H momentum show us a potential upward movement.
The next resistance is 41800-42000$.
The next supports are 39650$ & 38700$.
Comment:
Touched 39650$ support and bounced from it. We have a bullish divergence on CVD.
