The weekly time frame shows some strong support and resistance levels
In btc usd
25k was just respected as we see on the daily after multiple attempts 25k hold as a resistance level.
THE pullback could go all the way to the bottom of the box range
We. Can savely say the current movement is on the da daily to 4h time frame and not weekly.
Looking at the rsi we are still bearish at this point.
We also see a strong supoort level at
21k if it does not hold
Than we looking at 11k or 13k
21k support ilooks like a inverted tower top
Well at this point we looking into a possible range between 25k and 21k
Anything lower is not good for the coin
In btc usd
25k was just respected as we see on the daily after multiple attempts 25k hold as a resistance level.
THE pullback could go all the way to the bottom of the box range
We. Can savely say the current movement is on the da daily to 4h time frame and not weekly.
Looking at the rsi we are still bearish at this point.
We also see a strong supoort level at
21k if it does not hold
Than we looking at 11k or 13k
21k support ilooks like a inverted tower top
Well at this point we looking into a possible range between 25k and 21k
Anything lower is not good for the coin