Technical analysis by UnknownUnicorn22804749 about Symbol BTC on 1/12/2024
https://sahmeto.com/message/3306242
UnknownUnicorn22804749
Rank: 2858
BITCOIN UPDATE
Neutral
Price at Publish Time:
$42,766.89

zooming out, you can see we broke out from the ascending channel and tapped resistance line, we just lost the 4h 200MA so we have two levels of support for a bounce which I will show you below 👇see the diagonal white dashed line, we must bounce there or the green line, which is a major support level because it is the upper channel of the ascending channel which was resistance for a long time, we must bounce on two of these levels or capo was right lol
Source Message: TradingView