Bitcoin / TetherUSSatış
BTC Retrace - Major Weakness At 12000
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As expected, since the yesterday's daily close was below the top reversal from the 18th BTC reacted to that major resistance level and retraced
If the current 4hr bar (4am ET) closes below 11690 a rapid down-move to at least 11500 is inevitable . It is also important to note that the volume of the current 4hr bar, which just sliced through the 11690 support is doing so on below average volume meaning there is very little resistance to the downside
Price settling at 11300 then a sideways market is likely
*** Please click the LIKE button above if our signals are useful, thank you***
As expected, since the yesterday's daily close was below the top reversal from the 18th BTC reacted to that major resistance level and retraced
If the current 4hr bar (4am ET) closes below 11690 a rapid down-move to at least 11500 is inevitable . It is also important to note that the volume of the current 4hr bar, which just sliced through the 11690 support is doing so on below average volume meaning there is very little resistance to the downside
Price settling at 11300 then a sideways market is likely
*** Please click the LIKE button above if our signals are useful, thank you***
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Feragatname
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