Clarity in this bloodbath of BTC
We have the big longterm triangle that we are ranging in since the fall in december.
We can also see 2 support trendlines that have held strongly before.
Last days we observed that the first supportline at 8400 broke and it triggered a big dump. Then we went to form an ascending triangle which broke out and had quite a pump, but it was a fakeout and got invalidated.
Right now support of 7800 is breaking and we can expect the price to fall towards the 7500-7600 area where the second supportline trendline is.
We can also see 2 support trendlines that have held strongly before.
Last days we observed that the first supportline at 8400 broke and it triggered a big dump. Then we went to form an ascending triangle which broke out and had quite a pump, but it was a fakeout and got invalidated.
Right now support of 7800 is breaking and we can expect the price to fall towards the 7500-7600 area where the second supportline trendline is.
Nota
Support found on the trendline opening long. Use SL
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.