JonnyCann

BTC 32,750 importance area to watch

COINBASE:BTCUSD   比特币
-If weekly closes under 32,500 region, we should have caution on next movement as bearish pressure can still maintain
-Daily close in 2.5 days
-At strong high volume area at 32,750 region
-32,750 is the most important area to pay attention to right now
-would like to see a break above 32,750 to maintain any bullish perspective
----as price can retest and reject this region as that is where most of previous selling pressure came from
-TTM still building bearish
-Coming to RSI resistance TL, a break above can be a great sign of momentum shift, for now there can be another possible rejection going bringing price lower from this area
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