Hello fellow degenerates,
As we get ready for this new trading week, I am presenting to yall the 3 scenarios that I am looking for on Bitcoin.
- For scenario 1, we need a break above 110.4k to target the 126k-122k range.
- For scenario 2, we still need to complete our Wave 2, by retracing towards 103k. After that, we should see a reversal targeting 128k -123k
- The last scenario is based on the idea that we're failing to breakout from the parallel channel we currently have. We could see price traveling towards 98k - 90k range if we have a strong rejection of 110k and a break of our support levels.
- Levels to watch: 110.4k, 106.6k, 103.4k
As we get ready for this new trading week, I am presenting to yall the 3 scenarios that I am looking for on Bitcoin.
- For scenario 1, we need a break above 110.4k to target the 126k-122k range.
- For scenario 2, we still need to complete our Wave 2, by retracing towards 103k. After that, we should see a reversal targeting 128k -123k
- The last scenario is based on the idea that we're failing to breakout from the parallel channel we currently have. We could see price traveling towards 98k - 90k range if we have a strong rejection of 110k and a break of our support levels.
- Levels to watch: 110.4k, 106.6k, 103.4k
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.