BTC created a double top in 44k exactly on the weekly resistance, and after the rejection, the price lost the daily support on 40500$
on 4h Timeframe, the price lost the dynamic support as well and now the market is testing it as new dynamic resistance on the 0.618 Fibonacci level and Supply Zone.
We could see a new retest of the Supply zone before a new rejection on the previous support around 36k
How to approach?
If the price is going to lose the 36k, we could see another bearish impulse until 34k on the weekly support (key level) The scenario will be invalidated if the price is going to have a clear breakout of 41k
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Follow the Shrimp 🦐
Keep in mind.
on 4h Timeframe, the price lost the dynamic support as well and now the market is testing it as new dynamic resistance on the 0.618 Fibonacci level and Supply Zone.
We could see a new retest of the Supply zone before a new rejection on the previous support around 36k
How to approach?
If the price is going to lose the 36k, we could see another bearish impulse until 34k on the weekly support (key level) The scenario will be invalidated if the price is going to have a clear breakout of 41k
–––––
Follow the Shrimp 🦐
Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
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관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.