dilsy111

BTC technical price analysis for the foreseeable future

BITFINEX:BTCUSD   Bitcoin
BTC ranging still albeit looking bearish, a little bounce here till it falls down to that long standing support line. I expect it to bounce there and create another higher low. The point of interest will be the next push up, if it fails to create a higher high and that lower high fractal is created I expect a fall down to the that gold zone (major support/confluence zone). If it gets there you would need to reassess the sentiment in the market as well as volume, downward velocity and market formation. I would expect it to really test that purple trend line down in the that confluence zone, I would definitely expect a bounce in this zone however.
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.