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.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.