Bitcoin bears exhausted - Reversal will come
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Hello guys, bitcoin made a sharp bear move the last time. As you can see in my chart it is trading in a channel and wedge formation.
We will see an up-move soon to the area seen in my chart, at the psychological level 9900 - 10.000 USD.
Bitcoin touched exactly the lower line of the wedge and channel.
Strong support is at 8000 - 8100 USD.
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RSI: Oversold
Stochastic: Oversold
Target: 9800 - 9900
___________________________________________________________________________________________________________________
Information provided is only educational and should not be used to take action in markets.
Thanks.
___________________________________________________________________________________________________________________
Hello guys, bitcoin made a sharp bear move the last time. As you can see in my chart it is trading in a channel and wedge formation.
We will see an up-move soon to the area seen in my chart, at the psychological level 9900 - 10.000 USD.
Bitcoin touched exactly the lower line of the wedge and channel.
Strong support is at 8000 - 8100 USD.
___________________________________________________________________________________________________________________
RSI: Oversold
Stochastic: Oversold
Target: 9800 - 9900
___________________________________________________________________________________________________________________
Information provided is only educational and should not be used to take action in markets.
Thanks.
___________________________________________________________________________________________________________________
Nota
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Dagangan aktif
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Low momentum on the daily showing reversal signs tradingview.com/chart/z140vc8a/
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People taking monthly or weekly charts to discuss price action... in trading, you have to take smaller time frames to have the right accuracy.Nota
We see good volume and price action BTC touched exactly my support line
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"The sun shines in vain for everyone."Nota
The information provided is for educational purposes only and should not be used to take action in markets.
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►✅JOIN THE BEST+ TOP TELEGRAM TRADING CHANNEL: t.me/VincePrinceForexGoldStocks
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►🔥JOIN BYBIT TOP EXCHANGE►🎁 UP TO $30,000 BONUS NOW: partner.bybit.com/b/VinceByBit
►🚀Write To Join the Elite VIP Signal Channels: @Vince_Prince
►🔥JOIN BYBIT TOP EXCHANGE►🎁 UP TO $30,000 BONUS NOW: partner.bybit.com/b/VinceByBit
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.