So on the weekly chart we have a black trendline that one is taken from the tops of april 2021 and Nov 2021. If btc can cros that trendline around 95500 and use it like a support, there's nothing in the way to reach the red trendline. The red trendline was a support line what was broken and after it became a resistance, Now again? IF the target 95500 is the top, and btc is going into a bear market (i know it sounds unbelievable, but still consider it), than we have 2 bleu support trendlines 1st one is a copy taken from the black trendline, so it will become an uptrend channel. the channel bottom was around the 15300.And it's depending when and where btc will hit that trendline ( i have mark it with 20397) 2nd bleu support line IF that 1st bleu line is crossed then and only then will that lowest bleu support line probably becoming a support or called it the bottom That lowest bleu support line is taken from the low of dec 18 and the coronalow at 2020. Can see a bearish divergence on the weekly BUT on the monthly it's almost gone.... Very exciting weeks in progress. bullish bullish for the moment. The strange part is: btc is bullish and the dollar is bullish, should be the opposite. One is wrong, but which one???
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.
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.