After seeing the bounce off the previous ATH back to the 82k monthly. Put together this chart showing the important bitcoin monthly levels on the weekly chart for reference.
Lots of bulls came out of the woodwork on this bounce.
Unless they can get back above 82k with conviction the rejection will likely be fierce.
Above 82k and the target becomes 102k
Rejection sends them to 45k.
All of these levels were plotted by TrenVantage Indicator. I simply do not have it on this chart at the moment
Lots of bulls came out of the woodwork on this bounce.
Unless they can get back above 82k with conviction the rejection will likely be fierce.
Above 82k and the target becomes 102k
Rejection sends them to 45k.
All of these levels were plotted by TrenVantage Indicator. I simply do not have it on this chart at the moment
visit trenvantage.io/ for access and more information
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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.
visit trenvantage.io/ for access and more information
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.