BTC clearly has lost its uptrend momentum when it got close to the 3595 EUR resistance. It made a Spinning Top candlestick pattern, which indicates a potentional trend reversal. And that means that BTC is staying in its now made Ascending Triangle pattern ( The triangle pattern is in light blue color ). Expecting BTC to retrace to 3200 Euros, because the level has been previously well tested as support and ressistance ( The purple dotted Support/Resistance level ).
When I looked at 4H chart I saw that the price failed to make a higher high, and instead made same high, so I am expecting a lower low and the price to continue down wards to the 3200 EUR.
I have marked the zone I have my eyes on!
Leave a LIKE if you are waiting for BTCs move to the MOON !
Comment your thoughts about BTC!
When I looked at 4H chart I saw that the price failed to make a higher high, and instead made same high, so I am expecting a lower low and the price to continue down wards to the 3200 EUR.
I have marked the zone I have my eyes on!
Leave a LIKE if you are waiting for BTCs move to the MOON !
Comment your thoughts about BTC!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.