RJ_

BTC 4H overview

BITMEX:XBTUSD.P   Bitcoin
> Uptrend from 62xx broken now we've formed a lower low
> 6350 - 6380 failed to hold as support and turned into heavy resistance again
> Liquidity above 6500 taken
> Liquidity still resting below 6200 which acts as a magnet

Concluding, no rush to long. Equal lows at 6200 could be the next target.

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.