Get started
AMBCrypto_TA

Bitcoin set to retrace past 24 hours' gains

Short
Bitcoin / TetherUS (BINANCE:BTCUSDT)  
AMBCrypto_TA  
BINANCE:BTCUSDT   Bitcoin / TetherUS
Trend Analysis Support and Resistance Supply and Demand BTCUSDT btcusdanalysis btcusdsell btcusdshort btcshort btcshortsetup
1
0
trendanalysis supportandresistance supplyanddemand btcusdt btcusdanalysis btcusdsell btcusdshort btcshort btcshortsetup
Bitcoin bounced from $28.2k on Wednesday but the bulls' hopes of a rally might be nipped in the bud.

  1. H2 bearish OB (red box) at $29.3k-$30k was tested in recent hours

    The FVG (white box) at the $28.8k region has been filled- and the price climbed slightly higher as well.

    The H1 bullish OB at $27.8k is the bearish target


Entry: $29,315 (retest of H2 bearish OB)

Exit: $27,850 (H1 bullish OB)

Stop-loss: $30,020 (above bearish OB)

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.