BTC - D1 - YESTERDAY'S PRICE ACTION TRIGGERED A "DOJI"
D1 : Yesterday’s price action triggered a “Doji” pattern (undecision and uncertainty) with a closing level still inside the clouds.
In addition, BTC failed to breakout the Mid Bollinger Band resistance level, currently @ 56’691 which by the way, the same level than the top clouds resistance level.
RSI is below 50 @ 47,18 !
Today’s ongoing price action is currently roughly in the middle level of the clouds area which
Should be seen as a NEUTRAL zone
Indeed, in the D1 time frame, only a EXIT of the clouds area would confirm a new trading range with the following implications :
Bullish :
A breakout and sustainable move above 56’700 would give the following targets :
R1 : 58’060
R2 : 60’000 / 61’066
Bearish :
A breakout and sustainable move below 52’400 would give the following targets :
S1 : 51750
S2 : 50631
CONCLUSION :
A sideways price action (56’500-52’400) will be seen as long as we stay inside the clouds !
Supports within this range are :
S1a) 54’250
S2b) 52’870
S3C) 52’400
Ironman8848
In addition, BTC failed to breakout the Mid Bollinger Band resistance level, currently @ 56’691 which by the way, the same level than the top clouds resistance level.
RSI is below 50 @ 47,18 !
Today’s ongoing price action is currently roughly in the middle level of the clouds area which
Should be seen as a NEUTRAL zone
Indeed, in the D1 time frame, only a EXIT of the clouds area would confirm a new trading range with the following implications :
Bullish :
A breakout and sustainable move above 56’700 would give the following targets :
R1 : 58’060
R2 : 60’000 / 61’066
Bearish :
A breakout and sustainable move below 52’400 would give the following targets :
S1 : 51750
S2 : 50631
CONCLUSION :
A sideways price action (56’500-52’400) will be seen as long as we stay inside the clouds !
Supports within this range are :
S1a) 54’250
S2b) 52’870
S3C) 52’400
Ironman8848
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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.