BTC Hit a brick wall between that downward trend line and the 89ema. Look for 9600 - 9475 Blue Box Zone as the Bull response zone.
If that doesn't hold, I suspect this symmetrical/descending/Down ward channel to break lower.
I also find an interesting support line at 9050. We'll see if it helps at all.
This looks nasty but I suspect a strong bounce off of one of these 2 areas.
If the bulls do get a bounce, watch for volume because they could shoot for an upward break without violating the true formation downwards.
ALL EYES ON THE BLUE BOX, Thar She Blows!
If that doesn't hold, I suspect this symmetrical/descending/Down ward channel to break lower.
I also find an interesting support line at 9050. We'll see if it helps at all.
This looks nasty but I suspect a strong bounce off of one of these 2 areas.
If the bulls do get a bounce, watch for volume because they could shoot for an upward break without violating the true formation downwards.
ALL EYES ON THE BLUE BOX, Thar She Blows!
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.