BTC Breakout Soon
BTC/USD (Daily)
Bullish Case
- Possible Cup and Handle
- Seem to have found Support at approx. the
54K area which is previous resistance now turned support.
- 0.382 Fib Retrace as well from previous lows to highs
- Bounced on the bottom of the Bollinger Band which is also the54K area
- Bouncing between54K-59k, once we break $59, we should be heading towards 69k
- MACD/Signal and Histogram reversing
- Hidden Bullish Divergence between 30th Sep to 27th Nov shown on RSI & Histograms (Red Line)
Bearish Case
- VPVR shows a lot of resistance at $56-57k
- VPVR shows a lot of support at 47k
- Possible retrace to 0.618 Fib
Possible Target Zone
- Cup length from the bottom of Handle, shows
87K area which is also approx. the 0.786 extension
Thoughts?
Bullish Case
- Possible Cup and Handle
- Seem to have found Support at approx. the
54K area which is previous resistance now turned support.- 0.382 Fib Retrace as well from previous lows to highs
- Bounced on the bottom of the Bollinger Band which is also the
54K area- Bouncing between
54K-59k, once we break $59, we should be heading towards 69k- MACD/Signal and Histogram reversing
- Hidden Bullish Divergence between 30th Sep to 27th Nov shown on RSI & Histograms (Red Line)
Bearish Case
- VPVR shows a lot of resistance at $56-57k
- VPVR shows a lot of support at 47k
- Possible retrace to 0.618 Fib
Possible Target Zone
- Cup length from the bottom of Handle, shows
87K area which is also approx. the 0.786 extension Thoughts?
Nota
Bearish Case played out, will need to re-evaluateDagangan aktif
Nota
Let's see if break up from this Ascending Triangle... Or is this a Bear Flag...
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.