Hello friends, latest update on the last analysis which was exactly as visualized.
1. There is ongoing squeeze for
BTC, one-hour chart. Massive battle at the $46k region between the bulls and bears. Pressure is building either way.
2. I had to use a Channel for clarity. You can see on the chart, back and forth Push-n-Pull forces acting on Bitcoin at this range.
3. If Bulls win, we breakout upwards this channel, and EXPLOSIVE price shoot will happen.
4. If Bears win, breakdown will happen, a significant drop will happen. Strong support will hold only for the time.
5. Key candle for upward confirmation must begin at $46,500-503BTC price. Watch out
If all else remains constant and NO government FUD… this analysis will remain valid.
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1. There is ongoing squeeze for
BTC, one-hour chart. Massive battle at the $46k region between the bulls and bears. Pressure is building either way.2. I had to use a Channel for clarity. You can see on the chart, back and forth Push-n-Pull forces acting on Bitcoin at this range.
3. If Bulls win, we breakout upwards this channel, and EXPLOSIVE price shoot will happen.
4. If Bears win, breakdown will happen, a significant drop will happen. Strong support will hold only for the time.
5. Key candle for upward confirmation must begin at $46,500-503
BTC price. Watch outIf all else remains constant and NO government FUD… this analysis will remain valid.
Follow 🚶
Like 👍
Share your thoughts
Penerbitan berkaitan
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.
Penerbitan berkaitan
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.