Bitcoin is finally making a bounce, albeit it being a weak one. I expect us to retest the exponential moving averages and reject from these on the daily timeframe.
This will create the right shoulder in a giant head and shoulders pattern with the neckline around $6k. Should this come to pass, we will soon see sub $6k BTC - perhaps within the next week or so.
This will create the right shoulder in a giant head and shoulders pattern with the neckline around $6k. Should this come to pass, we will soon see sub $6k BTC - perhaps within the next week or so.
Nota
The bounce I talked about was a day premature as we got some more sideways action before the proper bounce took place. As most shorts were opened around the 6.5-6.8 upwards toward 7k area, we won't really squeeze them and force them to cover till we break these levels.
Be tolerant with others and strict with yourself.
- Marcus Aurelius
- Marcus Aurelius
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.
Be tolerant with others and strict with yourself.
- Marcus Aurelius
- Marcus Aurelius
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.