The Bearish Rectangle has formed on the #Bitcoin D1 chart and indicates a likely continuation of the trend. Its resistance zone is at 67292.72–67292.72 and its support zone is at 57808.25–57808.25. A break below support at 57808.25 is likely to signal a continuation of the bearish trend. FX.co ★ #Bitcoin D1: Bearish Rectangle
Signal strength 5 of 5
#Bitcoin D1: Bearish Rectangle
The Bearish Rectangle has formed on the #Bitcoin D1 chart and indicates a likely continuation of the trend. Its resistance zone is at 67292.72–67292.72 and its support zone is at 57808.25–57808.25. A break below support at 57808.25 is likely to signal a continuation of the bearish trend. *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade