April 27, 2024

TradingView Blog | We could not fix ourselves higher, the resistance held us back, what next?

TradingView Blog | We could not fix ourselves higher, the resistance held us back, what next?

#BTCUSDT # review
After yesterday’s review, the Bitcoin rate was unable to overcome the resistance of the 4h TF and gain a foothold higher,after which a corresponding reaction of sales to resistance followed.
We are following the scenario of July 9
(And I talked there about taking a short in the FVG - Resistance range, but I didn’t take it myself, because I was still fixated on breaking through and consolidating higher)

In recent weeks, you can see a certain trend: "Weekend pump - Monday dump"

Market capitalization 1367 billion, dominance index 46.36%
There is still extreme fear in the market, the fear and greed index is 20.

The plan for the near future is to collect liquidity and stops for 32119, a hike in support of the 3h TF, which is an area of ​​interest, and from there I will already consider a position in Long.

The stock market closed trading on Mondayheight. The Dow Jones rose in price by 0.36%, reaching an all-time high, the S&P 500 index rose by 0.35%, and the NASDAQ index rose by 0.21%. Gold and oil are falling. The dollar index rose 0.13% to 92.237.

Have a nice day and profits!

 

Source: https://ru.tradingview.com/chart/BTCUSD/x2unz4IF-zakrepitsya-vyshe-ne-smogli-soprotivlenie-nas-sderzhalo-chto-dalbshe/