maangoTREE

Meeting major resistance - retracement to 11200

BINANCE:BTCUSDT   Bitcoin / TetherUS
Welcome to my first post,

on the weekly we have a major bull flag. Monthly indicators show up. Long term bullish.

Backside to the current situation:
- major resistance as seen in the image
- medium sized retracement overdue
- down crawling value not bought up as aggressivly as needed to reverse the current short term retracement
- daily close under 11200 will lead to further downtrend

Nice evening all together

Feragatname

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.