Hi, guys. Welcome to a new week.
Price sideways around $7500 over the weekend, another boring week of whipsawing. But the situation won't last forever like this.
Volatility indicator, as demonstrated via ATR(14), is hitting a new low in 4-hour chart. In the meantime, price movement over the last two weeks has formed a triangle, and now it is compressed to the end of the triangle, which means the bitcoin price must decide its direction soon.
pivot point: 7500
horizontal support 1: 7250
horizontal support 2: 6750
Expected to have a surge or slump this week. Good luck and happy trading.
Price sideways around $7500 over the weekend, another boring week of whipsawing. But the situation won't last forever like this.
Volatility indicator, as demonstrated via ATR(14), is hitting a new low in 4-hour chart. In the meantime, price movement over the last two weeks has formed a triangle, and now it is compressed to the end of the triangle, which means the bitcoin price must decide its direction soon.
pivot point: 7500
horizontal support 1: 7250
horizontal support 2: 6750
Expected to have a surge or slump this week. Good luck and happy trading.
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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.