Bitcoin heading South.
6455
After the big fall of 12 March, from 7950 to 4000, bitcoin isn't in the mood to recover yet.
from the weekly perspective, bitcoin has a lot of order flow above the 6K, but couldn't close
a weekly candle above that level. As seen from the daily timeframe, we see the bulls losing momentum,
volume drops and a higher low is formed. we expect a further downfall. after first a potential retest
of the 6455 supports what aligning beautiful with the 0.618 fib level.
key area's to look out for :
- 5600
- 5000
- 4465
and as main target 3200.
Stay safe ! and leave us a comment and like!
After the big fall of 12 March, from 7950 to 4000, bitcoin isn't in the mood to recover yet.
from the weekly perspective, bitcoin has a lot of order flow above the 6K, but couldn't close
a weekly candle above that level. As seen from the daily timeframe, we see the bulls losing momentum,
volume drops and a higher low is formed. we expect a further downfall. after first a potential retest
of the 6455 supports what aligning beautiful with the 0.618 fib level.
key area's to look out for :
- 5600
- 5000
- 4465
and as main target 3200.
Stay safe ! and leave us a comment and like!
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.