BTC at the crossroad of 3 impt lines; next scenarios/ levels
BTC in this weekly chart just stopped at the daily ma200 red line.
It stopped at the upper side of a big red down channel.
It stopped at the maroon slotted median line of my Pitchfork.
Although this is more subjective, it also stopped at my violet uptrendline from pandemic low. (I used this line w/c respected several points)
It will be crucial to see how BTC will react in this 46k to 48k zone w/c it has been trading recently.
Break above red channel to see a continuation of recent rally to target 52k resistance.
Rejected at this crossroad with see a retest of 42k H&S neck or even the 37k to 33k zone before finally breaking out of down channel.
Not trading advice
It stopped at the upper side of a big red down channel.
It stopped at the maroon slotted median line of my Pitchfork.
Although this is more subjective, it also stopped at my violet uptrendline from pandemic low. (I used this line w/c respected several points)
It will be crucial to see how BTC will react in this 46k to 48k zone w/c it has been trading recently.
Break above red channel to see a continuation of recent rally to target 52k resistance.
Rejected at this crossroad with see a retest of 42k H&S neck or even the 37k to 33k zone before finally breaking out of down channel.
Not trading advice
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.
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.