Hello, dear subscribers!
In the previous review we looked at downtrend as a likely scenario on the bitcoin market.
The situation has not changed in the past days. The price of bitcoin has corrected after the fall, currently it is $10,700. The MACD and RSI indicators have returned to the green zone, the OBV indicator shows an increase in sales, which indicates the growing power of the bears.
The price of the Bitcoin is in a narrowing triangle, the exit from which will determine the further direction of price movement. Since the entry into the triangle was made from top to bottom, according to technical analysis, the preferred exit will also go down. The purpose of the bears remains the same, it is $9,300-$9,500.
Subscribe to the channel and stay with us!
In the previous review we looked at downtrend as a likely scenario on the bitcoin market.
The situation has not changed in the past days. The price of bitcoin has corrected after the fall, currently it is $10,700. The MACD and RSI indicators have returned to the green zone, the OBV indicator shows an increase in sales, which indicates the growing power of the bears.
The price of the Bitcoin is in a narrowing triangle, the exit from which will determine the further direction of price movement. Since the entry into the triangle was made from top to bottom, according to technical analysis, the preferred exit will also go down. The purpose of the bears remains the same, it is $9,300-$9,500.
Subscribe to the channel and stay with us!
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.