BTC - Short Term Move Down
BTC has closed a 2h bearish engulfing candle and is looking extremely weak to the downside...
I am expecting a move to the $8900-9000 region and to bounce off this area as it is also confluent with the daily 200MA, and the weekly 21EMA.
There could also be a quick move up to 9150 before a move downwards.
This is still ranging downwards in a downsloping parallel channel consolidation, this can indicate a big move to the upside if broken.
- This also can mean there might be a quick test around the heart-line ($8850) with a bounce.
Bitcoin is also creating multiple examples of hidden bullish divergence on time frames like the 4H.
I am expecting a move to the $8900-9000 region and to bounce off this area as it is also confluent with the daily 200MA, and the weekly 21EMA.
There could also be a quick move up to 9150 before a move downwards.
This is still ranging downwards in a downsloping parallel channel consolidation, this can indicate a big move to the upside if broken.
- This also can mean there might be a quick test around the heart-line ($8850) with a bounce.
Bitcoin is also creating multiple examples of hidden bullish divergence on time frames like the 4H.
Dagangan aktif
Zone being reached as expected.
Penerbitan berkaitan
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.
Penerbitan berkaitan
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.