Could Support @ $65K be New Low? - Bitcoin
Here I have Bitcoin on the 4 Hr Chart!
In the Overall Daily Chart, price on Bitcoin looks to be Consolidated!
But scoping down to the 4 Hr, we see Price has been using this Support Zone @ $64,500 - $65,500
- Feeding the Bullish Bias is purely boiled down to Technical Analysis being the:
- Tweezer Bottom
&
- Bullish Engulfing Candlestick Pattern forming ..
@ an interesting level of SUPPORT!!
In the Overall Daily Chart, price on Bitcoin looks to be Consolidated!
But scoping down to the 4 Hr, we see Price has been using this Support Zone @ $64,500 - $65,500
- Feeding the Bullish Bias is purely boiled down to Technical Analysis being the:
- Tweezer Bottom
&
- Bullish Engulfing Candlestick Pattern forming ..
@ an interesting level of SUPPORT!!
Not
In the bigger picture of things, if we are to expect this to be a good area for Price to move Higher, we want to see a Large Daily Bullish Candle to give us either a "Bullish Engulfing" or if price decides to Consolidate for a day, a "Morning Star/Morning Doji Star" Candlestick Pattern to CONFIRM BULLISHNESS!!
"An investment in knowledge will pay the best interest." - B. Franklin
Novi's Trading Channel
t.me/+l3fTcsZu91ZiZDkx
Novi's Trading Channel
t.me/+l3fTcsZu91ZiZDkx
İlgili yayınlar
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.
"An investment in knowledge will pay the best interest." - B. Franklin
Novi's Trading Channel
t.me/+l3fTcsZu91ZiZDkx
Novi's Trading Channel
t.me/+l3fTcsZu91ZiZDkx
İlgili yayınlar
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.