Bitcoin / Tether USDTelah dikemas kini Two Scenarios for BTCUSD 1 Hr Chart - 8 Hour Window Prediction
Trend Analysis prediction on 1hr Poloniex BTCUSDT
scenario # 1 -If breaks support at $3,500 good chance to dump
to next major support at $3,200.
A dump of up to 16% could be realized for those wanted to short.
scenario # 2 - looking for a break out of descending
trend channel before the breech of the support level at
$3,500. The rally needs to be break a minor resistance
level $3600 if successful we would be looking at a rally to test a major resistance at $3,750.
This rally could see a potential gain of up to 7%, not very impressive to the Bulls unfortunately.
I feel scenario #1 seems more likely and would out my money with the Bears over the next 6 to 8 hours.
Thoughts?
Good trading everyone :)
scenario # 1 -If breaks support at $3,500 good chance to dump
to next major support at $3,200.
A dump of up to 16% could be realized for those wanted to short.
scenario # 2 - looking for a break out of descending
trend channel before the breech of the support level at
$3,500. The rally needs to be break a minor resistance
level $3600 if successful we would be looking at a rally to test a major resistance at $3,750.
This rally could see a potential gain of up to 7%, not very impressive to the Bulls unfortunately.
I feel scenario #1 seems more likely and would out my money with the Bears over the next 6 to 8 hours.
Thoughts?
Good trading everyone :)
Nota
Lets see what happens in the next hour candlestick to test scenario # 2 or if it heads back down not breaking through the upper trend line and continues tracking through the narrow trend channel.Dagangan ditutup: sasaran tercapai
Seems Scenario # 2 has been established as current path has confirmed.
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.