Let's make this really simple:
Based on the weekly range the range low is at 25.937$ and #btc currently is trading below. Bulls need a daily close above that line in the sand otherwise it would increasingly look like a bearish retest pointing south.
Weekly supports at 24.316$, 21.830$ and 19.291$.
Monthly support at 23.300$.
There's strong confluence around that level with a long standing trendline I expect not to be broken without fundamentally negative news.
My current best guess:
1. Back up into the range making this a deviation.
2. Local top around range mid-point.
3. Sideways and bleeding out from there.
4. Strong bounce around monthly support / trendline.
Based on the weekly range the range low is at 25.937$ and #btc currently is trading below. Bulls need a daily close above that line in the sand otherwise it would increasingly look like a bearish retest pointing south.
Weekly supports at 24.316$, 21.830$ and 19.291$.
Monthly support at 23.300$.
There's strong confluence around that level with a long standing trendline I expect not to be broken without fundamentally negative news.
My current best guess:
1. Back up into the range making this a deviation.
2. Local top around range mid-point.
3. Sideways and bleeding out from there.
4. Strong bounce around monthly support / trendline.
Dagangan aktif
So far #btc is behaving well, 1. achieved, now let's see how far this will go up, target is mid of the trading range (~28.000 - 28.200$).Dagangan aktif
2. achieved as well, as described above 4 weeks ago, I'm expecting the range mid point to be the local top now. Let's see what #btc has in store...
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.