BTC is at support and moving very close to it, so far it has held.
Daily shows we are a bit overextended and we may soon re-test the level at 36k also indicated by the parabola in yellow. As long as we don't break the parabola, BTC bullish bias holds and we are clear to go higher.
The 4h chart shows we are in a pennant which once resolved we will know if we push to 46k or re-test support at 36k. This should happen by tomorrow.
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Daily shows we are a bit overextended and we may soon re-test the level at 36k also indicated by the parabola in yellow. As long as we don't break the parabola, BTC bullish bias holds and we are clear to go higher.
The 4h chart shows we are in a pennant which once resolved we will know if we push to 46k or re-test support at 36k. This should happen by tomorrow.
Like and follow!
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