BITCOIN - Intraday Update - 12/03/20 (Short-term)

3 בדצמ׳ 2020

BITCOIN - Intraday Update - 12/03/20 (Short-term)
Bottom Line: Subdividing higher within wave iii of (iii)

3 בדצמ׳ 2020

עסקה פעילה

3 בדצמ׳ 2020

הערה

Bottom Line: "Big picture" bullish, but the short-term picture isn't clear.

A break of 20093.0 is the next upside objective for the bulls.

Analysis: Bitcoin is advance from Monday's 18140 low and needs to trend on up in an impulsive manner to support labeling 18140 as the wave (4) low. The next big upside hurdle to overcome is 19958.0. Resistance above there an "all-time high" around 20093.0.

4 בדצמ׳ 2020

עסקה פעילה

Outlook: Expecting BTC to recapture its 19958.0 high and beyond.

Analysis: The break above $19958 signals the fourth wave triangle consolidation discussed yesterday is complete, and the move puts Bitcoin back on track to challenge the next upside hurdle. The bulls are in control while $16220 - wave ii - stays intact as support.

5 בדצמ׳ 2020

עסקה פעילה

5 בדצמ׳ 2020

הערה

Analysis: No change to the outlook. The wave model calls for BITCOIN to complete a series of fourth wave patterns. We'll see if BTC can challenge the recent $19958 high as the next upside objective.

6 בדצמ׳ 2020

עסקה פעילה

Breaking above $19958 is the next upside objective for the bulls.
Bottom Line: A fifth wave rally is in its early stages.

Note: Prices can vary between exchanges, and consequently there may be differences in our chart prices due to different data sets.

9 בדצמ׳ 2020

העסקה בוטלה באופן ידני

9 בדצמ׳ 2020

הפקודה בוטלה