Bitcoin: range breakdown or deviation?
מעודכן
Let's make this really simple:
Based on the weekly range the range low is at 25.937$ and #btc currently is trading below. Bulls need a daily close above that line in the sand otherwise it would increasingly look like a bearish retest pointing south.
Weekly supports at 24.316$, 21.830$ and 19.291$.
Monthly support at 23.300$.
There's strong confluence around that level with a long standing trendline I expect not to be broken without fundamentally negative news.
My current best guess:
1. Back up into the range making this a deviation.
2. Local top around range mid-point.
3. Sideways and bleeding out from there.
4. Strong bounce around monthly support / trendline.
Based on the weekly range the range low is at 25.937$ and #btc currently is trading below. Bulls need a daily close above that line in the sand otherwise it would increasingly look like a bearish retest pointing south.
Weekly supports at 24.316$, 21.830$ and 19.291$.
Monthly support at 23.300$.
There's strong confluence around that level with a long standing trendline I expect not to be broken without fundamentally negative news.
My current best guess:
1. Back up into the range making this a deviation.
2. Local top around range mid-point.
3. Sideways and bleeding out from there.
4. Strong bounce around monthly support / trendline.
עסקה פעילה
So far #btc is behaving well, 1. achieved, now let's see how far this will go up, target is mid of the trading range (~28.000 - 28.200$).עסקה פעילה
2. achieved as well, as described above 4 weeks ago, I'm expecting the range mid point to be the local top now. Let's see what #btc has in store...
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.