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BitcoinMaximus1

Bitcoin's Breakout - Valid Or Not?

Bitcoin / TetherUS (BINANCE:BTCUSDT)  
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BINANCE:BTCUSDT   Bitcoin / TetherUS
Trend Analysis Chart Patterns Technical Indicators BTCUSD BTCUSDT BTC btcshort breakout breakoutsignal breakouttrading breakoutfailure
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trendanalysis chartpattern indicator btcusd btcusdt btc btcshort breakout breakoutsignal breakouttrading breakoutfailure
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The price is in the process of breaking out above its trading range.

However, volume is minimal, making it more likely that the price falls back within the range.

A decrease below $7150 would be the entry trigger, with a target of $6700.
Komen:
Trade going as planned, BTC has decreased and fallen back inside the range. Expecting more downside in the short/medium-term.
Komen:
snapshot

The price has already reached the range EQ. Waiting for the range low.
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.