BitcoinTelah dikemas kini BTC at channel support
After an interesting day of the bears vs the bulls, BTC is finally at channel support at $6400. Let's see if this holds the next few hours.
There may be a potential long position to roughly $6900 near the top of the channel. We need to wait for confirmation. Failure to climb could result in continued sideways motion and a drop back to the $6000 region. RSI is looking bearish, but a MACD cross over (with declining histogram) could result in an RSI bounce back to the 55+ range.
Trade safely
I am not a financial analyst. Only trade what you are willing to risk. Risk = reward though and fortune favors the brave.
"fortis Fortuna adiuvat"
There may be a potential long position to roughly $6900 near the top of the channel. We need to wait for confirmation. Failure to climb could result in continued sideways motion and a drop back to the $6000 region. RSI is looking bearish, but a MACD cross over (with declining histogram) could result in an RSI bounce back to the 55+ range.
Trade safely
I am not a financial analyst. Only trade what you are willing to risk. Risk = reward though and fortune favors the brave.
"fortis Fortuna adiuvat"
Nota
This trade has ended. Check my profile for current trades.
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.