Bitcoin went up faster than I would have preferred, 45% in just 12 days. A correction of some kind was due. Bitcoin touched the resistance trend line AND it was overbought on the RSI.
At the moment of posting this chart, bitcoin is still around the area where support, the trend line and the 200EMA converge. This area of support is between $8600-8800. Next few candles on the 6hr chart will paint a clearer picture for bitcoin's short term future.
Thumbs up if you agree!
Please leave a comment with your thoughts.
At the moment of posting this chart, bitcoin is still around the area where support, the trend line and the 200EMA converge. This area of support is between $8600-8800. Next few candles on the 6hr chart will paint a clearer picture for bitcoin's short term future.
Thumbs up if you agree!
Please leave a comment with your thoughts.
Not
Update: pin bar on 4hr chartNot
6hr closed on pin bar candlestick as wellNot
Looks a bit bearish, but still above supportNot
IndecisionNot
30 min chart rounding up - looks bullish in this timeframeNot
1st resistance crossedNot
Declining selling effort for now.Not
Inverse H&S AND bitcoin is battling resistance around $9170
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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.
İlgili yayınlar
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.