Bottom Line: Watching for evidence of a bottom.
Outlook: We're weighing the possibility wave 2 may have ended at the $39650 low. Advancing above [
B]47532.89 would bolster the bullish case.
Analysis: We're considering the possibility the recent wave ((2)) correction (below) ended at yesterday's $41126 low, but as always we like key level confirmation. That would depend on Bitcoin's ability to continue the current advance towards a break of the $44453.22 high.
Disclaimer: Prices can vary between BITCOIN exchanges. Consequently, there may be differences in our chart prices due to different data sets. The analysis information is for reference only and does not constitute an investment recommendation. We recommend that people avoid trading on unproven exchanges vulnerable to hacking and theft.
Outlook: We're weighing the possibility wave 2 may have ended at the $39650 low. Advancing above [
B]47532.89 would bolster the bullish case.Analysis: We're considering the possibility the recent wave ((2)) correction (below) ended at yesterday's $41126 low, but as always we like key level confirmation. That would depend on Bitcoin's ability to continue the current advance towards a break of the $44453.22 high.
Disclaimer: Prices can vary between BITCOIN exchanges. Consequently, there may be differences in our chart prices due to different data sets. The analysis information is for reference only and does not constitute an investment recommendation. We recommend that people avoid trading on unproven exchanges vulnerable to hacking and theft.
Dagangan ditutup: hentian tercapai
The print below $39650 signals a larger correction is still unfolding in wave 2. Near-term, the immediate trend is down.
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.