My First Bitcoin Basic Technical Analysis
The 4 Basics:
1. Swing: in white line.
2. Trend: in yellow line.
3. Support & Resistance: Blue and Red lines.
4. Supply & Demand: in rectangles.
Summary:
The current trend is bearish after failing to break above $60000 and failing to maintain above $46000. A good buy opportunity between $28000 - $30000 especially if there is a rebound. However, a high probability of another market crash if the price drops below $28000 up to $16000 as the next support line.
1. Swing: in white line.
2. Trend: in yellow line.
3. Support & Resistance: Blue and Red lines.
4. Supply & Demand: in rectangles.
Summary:
The current trend is bearish after failing to break above $60000 and failing to maintain above $46000. A good buy opportunity between $28000 - $30000 especially if there is a rebound. However, a high probability of another market crash if the price drops below $28000 up to $16000 as the next support line.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.