BTCUSD - pitchfork
Price is still trading in the same pitchfork i published several weeks ago.
We had a lower high today at 11K8.
On 4H chart, upper channel's green line of this pitchfork acted as a support. So did EMA200. Signal is now moving in this triangle (yellow and green lines).
The price will either break the yellow line and test pitchfork's upper line (12k9-ish), which is a bullish signal, or break under the green line, which is a bearish signal as prince could retest the median line of this pitchfork (9K5-ish).
As for me i'll be very careful and stay in usd for the moment being on this trade.
We had a lower high today at 11K8.
On 4H chart, upper channel's green line of this pitchfork acted as a support. So did EMA200. Signal is now moving in this triangle (yellow and green lines).
The price will either break the yellow line and test pitchfork's upper line (12k9-ish), which is a bullish signal, or break under the green line, which is a bearish signal as prince could retest the median line of this pitchfork (9K5-ish).
As for me i'll be very careful and stay in usd for the moment being on this trade.
Not
Price broke upper channel's green line as expected, i would expect some more red and a retest to the pitchfork's median line at around 9K5 USD.
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.