1H chart, $BTC: price 83,478, resistance 84,168, 0.82% apart.
- Distance: That gap is about 1.4 1H ATRs.
- Tests: 84,168 has capped three of the last 20 1H candles.
The trigger is a close above 84,168; a poke above and a close back under would be a fakeout.
The benchmark, $BNB, is -1.25% on the day. Among coins with real volume, $TIA at +0.49% is moving most like it.
- Distance: That gap is about 1.4 1H ATRs.
- Tests: 84,168 has capped three of the last 20 1H candles.
The trigger is a close above 84,168; a poke above and a close back under would be a fakeout.
The benchmark, $BNB, is -1.25% on the day. Among coins with real volume, $TIA at +0.49% is moving most like it.