BITCOIN $26180 Breaking Below The 3D 21ema
Price continues its consolidation btw 26500-27500 for the last 2weeks.
Bears are controlling the 3D trend because price continues to stay below the 3D21ema and macd remains negative.
However, the W downside volatility has not picked up yet since the W macd is not yet negative and price is above the W21ema.
So, bulls could use that as a plausible argument to continue to try to defend the 27-26k range.
The probability to print a zig-zag is not high at the moment knowing that in general from May-July, market tends to be boring, bearish and or choppy.
Support based on the fibs are 24-22 (0.382-0.50fib)
Immediate resistance at 27.5-28.3k.
Price continues its consolidation btw 26500-27500 for the last 2weeks.
Bears are controlling the 3D trend because price continues to stay below the 3D21ema and macd remains negative.
However, the W downside volatility has not picked up yet since the W macd is not yet negative and price is above the W21ema.
So, bulls could use that as a plausible argument to continue to try to defend the 27-26k range.
The probability to print a zig-zag is not high at the moment knowing that in general from May-July, market tends to be boring, bearish and or choppy.
Support based on the fibs are 24-22 (0.382-0.50fib)
Immediate resistance at 27.5-28.3k.
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.
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.