Yesterday I forecasted Bitcoin to reach the next support zone by the end of the week - actually rather sooner than expected, but today we seem to land between 9575-9750.
That is a convergence of the 61.8% retracement from the latest highs - also the neckline of the double top we formed (bottom between the tops) - and the 38.2% from 2017.
Moves like that are usually accompanied by a pull back - in this case towards the 21 daily or the previous support zone, let's say towards an area of 10550-10700 - but let's wait and see, we first have to close in the current zone and the market could also teach me a different lesson here.
That is a convergence of the 61.8% retracement from the latest highs - also the neckline of the double top we formed (bottom between the tops) - and the 38.2% from 2017.
Moves like that are usually accompanied by a pull back - in this case towards the 21 daily or the previous support zone, let's say towards an area of 10550-10700 - but let's wait and see, we first have to close in the current zone and the market could also teach me a different lesson here.
İşlem kapandı: hedefe ulaştı
The support zone I draw was too narrow, but close to the forecast, also we see the pull back to the previous support zone.We might see a retest of the 21 daily around currently around 10,8k or the 61.8% retracement from the fall since 10 Jul at 10,6k. But sooner or later, I remain with my bearish forecast towards the daily 100 levels around 8,8k by the end of the month.
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.