ASCENDING TRAINGLE BREAKDOWN ON THE HOURLY. SUPPORT AREAS
bitcoin is showing an ascending triangle breakdown on the hourly but currently the hour EMA is holding. Bulls would be looking for a sharp bounce with expanding volume here to invalidate the hourly breakdown.
Bears should be watching for the 4 hour close below the 20EMA break there and we go to the first support zone. breakdown from that and I think we visit 47k-48k
although this could be weekend shenanigan's. (fake outs)
Overall I am not trading this in either direction ATM.
Bears should be watching for the 4 hour close below the 20EMA break there and we go to the first support zone. breakdown from that and I think we visit 47k-48k
although this could be weekend shenanigan's. (fake outs)
Overall I am not trading this in either direction ATM.
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.