We have a very long lower wick on today's candle after some volatility kicked in.
The Fear & Greed Index for Bitcoin is now at "Extreme Fear"... What happens next?
Looking at the 1H timeframe, we can see a candle wick going as low as $39558 but closing at $40809.
The the following candle pushed prices back above EMA10 on high volume.
See the chart:
This recent low coincides with September 2021, opening the doors for a double bottom.
The blue arrow show the potential bullish path.
(Potential is now opening for a bullish bounce).
If the bulls fail to push prices above EMA10 this week, we can expect a test of lower support.
This is not financial advice.
Remember to do your own research before trading.
Namaste.
The Fear & Greed Index for Bitcoin is now at "Extreme Fear"... What happens next?
Looking at the 1H timeframe, we can see a candle wick going as low as $39558 but closing at $40809.
The the following candle pushed prices back above EMA10 on high volume.
See the chart:
This recent low coincides with September 2021, opening the doors for a double bottom.
The blue arrow show the potential bullish path.
(Potential is now opening for a bullish bounce).
If the bulls fail to push prices above EMA10 this week, we can expect a test of lower support.
This is not financial advice.
Remember to do your own research before trading.
Namaste.
🚨 The difference between weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd 👉 t.me/lamatrades/4
💥💥💥80% OFF Discount offer now!
t.me/masteranandatrades/6159
🏆 TOP Results
t.me/anandatrades/1183
💥💥💥80% OFF Discount offer now!
t.me/masteranandatrades/6159
🏆 TOP Results
t.me/anandatrades/1183
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.
🚨 The difference between weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd 👉 t.me/lamatrades/4
💥💥💥80% OFF Discount offer now!
t.me/masteranandatrades/6159
🏆 TOP Results
t.me/anandatrades/1183
💥💥💥80% OFF Discount offer now!
t.me/masteranandatrades/6159
🏆 TOP Results
t.me/anandatrades/1183
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.