Bitcoin couldn't manage the S/R flip

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Bitcoin looked strong yesterday, but couldn't manage the S/R flip on $5867. Support was found on the top trend line for the lower time frame (1H) channel. Price is currently attempting a retest of the top trend line on the 4H channel.

  • 21 EMA was breached but immediately recovered and candle closed well above

BTC 4H 8:5.png

Bitcoin couldn't manage the S/R flip | Ecency