evasivesteering

Very short-term price prediction for BTC

evasivesteering מעודכן   
BINANCE:BTCUSDT   Bitcoin / TetherUS
BTC has been ranging since two days. I'm looking at its chart on 1H timeframe and realize that a diamond bottom pattern has formed. Price is on the left lower-edge of the diamond and RSI touches its trendline. I think in few hours this ranging would end and we'll know better about the trend on higher timeframe. Statistically, breakout is favored.
Still I think BTC could reverse to go to see 48K again on the next days.
הערה:
Some minutes after this post, BTC has broken up. Seem that reversal (to 48K in mid-term) is likely. BTC to close above 41500 with a 4H candle would be a good sign.
עסקה סגורה: היעד הושג:
Target 41600 reached.
BTC is now at the beginning of a reversal. It's trying to get over the EMA 230D (at 41500).
Next step: keep eyes on 42600, a strong pull down may happen.

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.