Hello everyone, BTC/USD weekly seems to form a rising wedge and we can clearly see that since we bottomed around $3700 which got a lot of demand, price kept going up slowly but volume kept decreasing on its way up.
Also as long as long we remain in this long term descending channel i clearly do not see us going higher than around $8800.
I think we could double top around that price level and I will remain overall bearish unless Bulls are able to break above that strong level of resistance.
Let's wait and see!
Also as long as long we remain in this long term descending channel i clearly do not see us going higher than around $8800.
I think we could double top around that price level and I will remain overall bearish unless Bulls are able to break above that strong level of resistance.
Let's wait and see!
Penafian
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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.