BTCUSD | TF: Daily | Bearish

16 thg 6, 2020

Current state of BTCUSD Daily is a consolidation range. There is potential rejection following the current S&R established at the peaks and lows. After the rejection, we're expecting a rally to the daily resistance, which will lead to a strong turnover to a downtrend. Following this, rebounds will occur, as the weekly support will result in minor consolidation ranges.