Bitcoin is edging up, and appears to be gearing up for a breakout. However several red triangles on the KRI are confirming resistance at every step of the way here, suggesting downward pressure on this attempt. We have been able to reach $37.7K and $38.2K, which are strong levels coinciding roughly with a Fibonacci level on the daily charts. This will provide strong resistance, but if broken, it's a bullish sign. If we break these levels definitively, then we can easily reattain the $40K's. The FOMC statement this afternoon will be critical. Note that a rate hike is largely priced in, so if/when this happens, we are likely to see a relief rally which could take us back to $40K. We don't expect much action until then as the global markets are all eyeing this event. If we encounter resistance at current levels, we should find support at $34.9K or $33K again.
Not
Bitcoin looks poised to break out from $38K!Join my discord at discord.io/quantguy
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.
Join my discord at discord.io/quantguy
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.