fahadbinhamid

fahadbinhamid Updated 

since last 12 hours, btc is dealing with a very strong resistance on that red order block I've drawn. the volume is reducing substantially with every push to break it. can serve as a point of interest to long if it is broken since very less resistance till 27500 after this. can also serve as a scalp short point because it always goes down rapidly whenever it...

fahadbinhamid

BTC is still holding this trendline on the daily as well as on 4H timeframes. A retracement could occur due to fundamental factors this week but if we hold this lower trendline, we can see BTC reverting back to the highs of 21900 and continue trading in a channel.