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Technical analysis by Andromus_OG about Symbol BTC on 4/4/2024

https://sahmeto.com/message/3369447
Andromus_OG
Andromus_OG
Rank: 20351

Potential break down or up depending on how it follows the trend

Neutral
Price at Publish Time:
$67,253.58
،Technical،Andromus_OG

The line going back to Feb shows a clear trend on the 4hr and other timeframes. This was recently broken and the pair traded down. It appears to be rising back to test the bottom of this tend line in a bearish breakdown; however it could also reverse here if it gets back above the trend line and can hold it. That would lead back to potential for targets in the upper 80's, with downsides to the mid 50's if the trend line is resistant.

Source Message: TradingView
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