Volatility is inbound and a drop is now valued at over 58%
Bitcoin has been finding support on the wedge after exiting from it but right now that level ceases to exist!
We could be experiencing a drop to 50k the same way we could experience a rise to the 58k resistance.
In any case, the chances of a rise back to the 60k mark are not enough to support Buying setups.
ps. Sometimes we need to go lower, to a level where some big buyers (and a lot smaller ones) are waiting to reenter or re-enter.
Round number of 50 might be what we need to see before going higher to 70k
the FXPROFESSOR
Bitcoin has been finding support on the wedge after exiting from it but right now that level ceases to exist!
We could be experiencing a drop to 50k the same way we could experience a rise to the 58k resistance.
In any case, the chances of a rise back to the 60k mark are not enough to support Buying setups.
ps. Sometimes we need to go lower, to a level where some big buyers (and a lot smaller ones) are waiting to reenter or re-enter.
Round number of 50 might be what we need to see before going higher to 70k
the FXPROFESSOR
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🧠 Free FXPROFESSOR AI on ChatGPT
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💥 I don’t follow trends. I build the tools to catch them!
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.
🌍 All in one place → fxprofessor.com
🧠 Free FXPROFESSOR AI on ChatGPT
🔧 Top tools to level UP your trading
💹 Best crypto, forex & stock deals
📣 Telegram: t.me/fxprofessor88
💥 I don’t follow trends. I build the tools to catch them!
🧠 Free FXPROFESSOR AI on ChatGPT
🔧 Top tools to level UP your trading
💹 Best crypto, forex & stock deals
📣 Telegram: t.me/fxprofessor88
💥 I don’t follow trends. I build the tools to catch them!
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.