EngineersEye

📉 Daily Bitcoin chart review 📈

BINANCE:BTCUSDT   Bitcoin / TetherUS
That chart is becoming really ugly for trading. While price moves sideway within ~22400-24300 range, momentum at daily is turning bearish. Yesterday choppy market killed both long and short stops. If today BTC manage to get above ~23500, there will be another day of chop chop action. If fail possible start of retracement. Nearest 4-8 hours will show the way.

D22-23: AC ⬆️🔻 AO ⬆️🔻
D21: AC ⬆️🔻 AO ⬆️⬆️
D15-20: AC ⬆️⬆️ AO ⬆️⬆️

Resistance 23470 - 23900 - 24240
Support 22900 - 22300 - 22000

😱 Fear & Greed index: 86 (<= 93 <= 88 <= 92)

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