BitcoinPembelian
BTC - Found Support
Price did pull back to expected support.
Initial support was tested, price retraced to the upside before capitulating to the lower level of support which was the PoC.
Most likely, due to Shorts vs. Longs being unstable skewed to the short side, price will experience a reversal at his level and move to the upside.
If 6400 is unable to hold, next support at .618/.786 Fib Retracement, confirmed by Wedge pattern ascending support line. Unconfirmed by Volume.
Initial support was tested, price retraced to the upside before capitulating to the lower level of support which was the PoC.
Most likely, due to Shorts vs. Longs being unstable skewed to the short side, price will experience a reversal at his level and move to the upside.
If 6400 is unable to hold, next support at .618/.786 Fib Retracement, confirmed by Wedge pattern ascending support line. Unconfirmed by Volume.
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