BTC Breakout
Expecting sideways trending/consolidation in the $9600-$8900 range for a while between the historically very strong support and resistance of the upper-200D and 200W CZ's and the 50W/200D MA's (the diminishing buy-volume and flat sell volume also supports consolidation).
On breakout I expect a violent uptrend. Positive-slopes on important macro MA's and CZ's (50M, 50W) supports this.
However, we need a strong breakout with bigger volume. This is why the prior breakout did not sustain itself.
If we break down below 50W/200D, we may very well revisit 200W MA.
On breakout I expect a violent uptrend. Positive-slopes on important macro MA's and CZ's (50M, 50W) supports this.
However, we need a strong breakout with bigger volume. This is why the prior breakout did not sustain itself.
If we break down below 50W/200D, we may very well revisit 200W MA.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.