On March 18th (UTC) there were 7 wicks above $4,000 on the 1H (in 24H) (blue). This substantially discredits $4,000 as a resistance. Additionally, a higher high was painted (pink) discrediting the idea of consistently lower highs.
$4,000 expected to fall once again, and eventually I expect this to breakout and run to ~$4,100.
Additionally (not shown above): On the 1D chart, we painted our 6th higher-low today, showing the true weakness of bears.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.