BitcoinSingkat
/ BITCOIN \ 7000$ will be lost in the next few days
A short explanation to this movement:
A little short opened now expecting to cross the very close fibonacci support.
At around @7200$ there is a fibonacci support line. (61%)
Probably the price will test this area again in another dropping movement, very similar than the previous one on 23/10/2019.
I expect the price to go under 7000$ because of the lack of liquidity in the Orderbooks to go directly at around ~6800$ before a rebound to the fibonacci line that now will act as a resistance.
If the drop has considerable volume, the drop will be legit and we only can expect a higher rebound beyond the zone of 7200$ if the volume is also high or even higher than the volume of the drop.
A little short opened now expecting to cross the very close fibonacci support.
At around @7200$ there is a fibonacci support line. (61%)
Probably the price will test this area again in another dropping movement, very similar than the previous one on 23/10/2019.
I expect the price to go under 7000$ because of the lack of liquidity in the Orderbooks to go directly at around ~6800$ before a rebound to the fibonacci line that now will act as a resistance.
If the drop has considerable volume, the drop will be legit and we only can expect a higher rebound beyond the zone of 7200$ if the volume is also high or even higher than the volume of the drop.
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.