Analysis of the 2h "short-term" chart, indicates a push toward $52k.
- The 13 Period RSI is climbing steadily & is above 50.
- The Awesome oscillator has highlighted "Bullish" momentum, confirming the RSI reading.
- Using a (55/144) MA Cross pair (both Fibonacci numbers). I'm inclined to believe that prices will retest
52K or $51,5k.
Furthermore it would be hard to say whether or not that momentum would remain intact, as prices may even currently be subjected to resistance at the 55 MA.
I would remain Neutral for the time being, & wait for further confirmation on a "Mid-term" timeframe before entering any trade.
- The 13 Period RSI is climbing steadily & is above 50.
- The Awesome oscillator has highlighted "Bullish" momentum, confirming the RSI reading.
- Using a (55/144) MA Cross pair (both Fibonacci numbers). I'm inclined to believe that prices will retest
52K or $51,5k.Furthermore it would be hard to say whether or not that momentum would remain intact, as prices may even currently be subjected to resistance at the 55 MA.
I would remain Neutral for the time being, & wait for further confirmation on a "Mid-term" timeframe before entering any trade.
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.