onobeka

Let's put a lid on it

onobeka מעודכן   
BITMEX:XBTUSD.P   Bitcoin
Frenzy moon boys dreams.
הערה:
Rejected on 4063.

Last few days formed a rising wedge, the support line is 3962. We broke it down to 3914, but bulls bounced the price back to the support line. Such a bounce is normal, but it could lead to further growth if the sell is not followed through.
הערה:
Temporary support was found on the bottom of the wedge, as predicted. Probably we are going to go sideways for hours/days here and then we will fall to our former support area:
הערה:
So far so good, seems to follow the prediction for the moment:
עסקה פעילה:
It's taking very long for the market to decide a direction for the BTC price. It's slowly going down but not at the rate I expected. To reach the target, we would need to go through 3930, 3900 and 3870. 3930 seems to hold atm.

הערה:
The drop is confirmed, later and slower that anticipated. Vertical sell candles are still present, yet they are no so violent as the last few months, signaling maybe some confusion among the traders. Maybe it's just my confusion ;).

The price found some small support on 3860-3900 area. Yet further declines are in the making. If the price stabilizes around the 3900 area, some serious wicks are expected, beware.

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.