BTC/USD
Bearish rejection from old support turning into new resistance with a spike in red volume confirming strong downward momentum plus cross of 50 & 100 MA.
It is bearish within this 4hr TF and there is highly probable to retest the 0.786 Fib support. Not advise going Long yet until we break above 7400 and consolidate.
Bearish rejection from old support turning into new resistance with a spike in red volume confirming strong downward momentum plus cross of 50 & 100 MA.
It is bearish within this 4hr TF and there is highly probable to retest the 0.786 Fib support. Not advise going Long yet until we break above 7400 and consolidate.
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