BTC Weekly rejection block

12 giu 2022

4h: At the intersection of the sky blue structure and the flag channel, we used technical indicators to expect a rebound, but the structure's bottom was broken.

In the 1-hour timeframe, the last long opportunity, a double bottom came out and entered, but it couldn't hold the low and at the same time, a long stop loss and a short switch were triggered.





1w:I have marked the area where a buying pressure is possible with a green zone.