BTC Drop Base Rally
Drop Base Rally painted for BTCUSD
We see a sharp fall (Drop), followed by resistance (Base), followed by a run up (Rally), a textbook drop base rally formed.
As we can see there are many wicks in the "demand zone" showing that there is support as this level (Approx 6300), because of this it proves rather difficult to puncture below and a bounce is expected.
We see a sharp fall (Drop), followed by resistance (Base), followed by a run up (Rally), a textbook drop base rally formed.
As we can see there are many wicks in the "demand zone" showing that there is support as this level (Approx 6300), because of this it proves rather difficult to puncture below and a bounce is expected.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.