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Untested Levels on the BTCUSD 4hour
Here are three levels I believe are untested on the BTCUSD 4 hour in the current uptrend.
As we continue to lose support, I imagine that price will come and test these levels.
Because price is in a longer term downtrend (note the failure of price to achieve the $20,000 ATH by failing at $14,000) - it's more likely that price will :
> Bounce off of these levels, find resistance, and then breakdown below these levels.
As we continue to lose support, I imagine that price will come and test these levels.
Because price is in a longer term downtrend (note the failure of price to achieve the $20,000 ATH by failing at $14,000) - it's more likely that price will :
> Bounce off of these levels, find resistance, and then breakdown below these levels.
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