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BTC/USD - Hitting 1 last stop before running out of fuel

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The pink dotted lines you see represent previous S&R lines that are still valid.

Target1: $7000.00 -> Based off of previous S&R line, and a Fib level that converges at the same level, I believe this is the last stop before BTC will turn around.

Target2: $7700.00 - $7800.00 -> If BTC continues past Target 1 then I believe it will roughly hit the 200 SMA around this level and bounce back

Target3: $8000.00 -> If BTC is able to move a little past the 200 SMA without immediately bouncing off, I think the highest we will see it before diverging would be $8000.00
İşlem elle kapatılmış

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.