BitcoinAlış
BTC market update 22.01 - bullish descending triangle ?
Hello guys,
We are seeing a slight reversal in the BTCUSD trend since we touched $28,800 during the Asian session.
All eyes on the $32,000 horizontal level - previous support on the daily timeframe, now could be te turned into resistance in combination with the 4-hour chart 200-day EMA.
If surpassed, then this will open the door for recovering to the $34,800 -$35,000 area.
Down, at $30,750 we see the lowest candle close on the 4-h chart, which should now act as a support.
In the meantime, it is worth noting that there is a reversed descending triangle bullish pattern on the lower timeframes that might result in a continuation of the uptrend.
Stay safe,
Best Regards
We are seeing a slight reversal in the BTCUSD trend since we touched $28,800 during the Asian session.
All eyes on the $32,000 horizontal level - previous support on the daily timeframe, now could be te turned into resistance in combination with the 4-hour chart 200-day EMA.
If surpassed, then this will open the door for recovering to the $34,800 -$35,000 area.
Down, at $30,750 we see the lowest candle close on the 4-h chart, which should now act as a support.
In the meantime, it is worth noting that there is a reversed descending triangle bullish pattern on the lower timeframes that might result in a continuation of the uptrend.
Stay safe,
Best Regards
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.