We are currently inside of a green weekly candle on bitcoin after a nice run for crypto.
However, we are still inside of a big red monthly candle, putting Bitcoin at risk for going Full-Timeframe Continuity to the downside. This means each timeframe’s latest candle is a red candle which indicates selling on all timeframes.
Here are the short targets into full-timeframe continuity to the downside for Bitcoin.
My ideas from my last posts still stand, putting a potential bottom for Bitcoin at 13,000 to 16,000, which is the bottom of the broadening formation on the longer term timeframes.
All of my posts thus far follow a trading strategy called “The Strat”, which is based on price action scenarios, multiple timeframes, and broadening formations.
Educational purposes only, thanks for reading :)
However, we are still inside of a big red monthly candle, putting Bitcoin at risk for going Full-Timeframe Continuity to the downside. This means each timeframe’s latest candle is a red candle which indicates selling on all timeframes.
Here are the short targets into full-timeframe continuity to the downside for Bitcoin.
My ideas from my last posts still stand, putting a potential bottom for Bitcoin at 13,000 to 16,000, which is the bottom of the broadening formation on the longer term timeframes.
All of my posts thus far follow a trading strategy called “The Strat”, which is based on price action scenarios, multiple timeframes, and broadening formations.
Educational purposes only, thanks for reading :)
פרסומים קשורים
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.
פרסומים קשורים
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.