Looks like Bitcoin is getting ready for that last and final drop, loosing this support would bring us pretty quickly too 6 000!
Currently i see two possibilities, my play will depend on which breaks first:
The Bull scenario:
- The next 3d candle close today, 6 968 is a major Support so we need to get back over it before the close.
If so, we can expect a re-test on our trend resistance around 8 000.
The Bear scenario
- We need to close the 3d candle below 6 968.
And from there 6 000 would be the target!
What too understand?
If we infact go too 6k it might be the lowest we will see Bitcoin, i have big orders luying there, Longs are on a ATH and previously a big pump fallowed up!
Currently i see two possibilities, my play will depend on which breaks first:
The Bull scenario:
- The next 3d candle close today, 6 968 is a major Support so we need to get back over it before the close.
If so, we can expect a re-test on our trend resistance around 8 000.
The Bear scenario
- We need to close the 3d candle below 6 968.
And from there 6 000 would be the target!
What too understand?
If we infact go too 6k it might be the lowest we will see Bitcoin, i have big orders luying there, Longs are on a ATH and previously a big pump fallowed up!
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.