UnknownUnicorn2664004

Technical Analysis - BTC

BITFINEX:BTCUSD   Bitcoin
The expected rebound from this support ($ 8170) to the area ($ 8750) and if broken (candle 4h ) will go to ($ 9180).

But if the support is broken ($ 8170), and a (daily candl) is closed below it, there will be a new bearish wave that will reach areas ($ 7700 - $ 7300).
Comment:
The price has already moved towards the stock.

We have reached the point previously set (8170 $)

Comment:
The price has already moved towards the stock.

We have reached the point previously set (7300 $).

The price has rebounded from this point already.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.