GabrielVasile

The last bear standing - BTC Bullish view

Alış
GabrielVasile Güncellendi   
BITFINEX:BTCUSD   Bitcoin
The graphic is pretty self explanatory.
İşlem elle kapatılmış:
Bulls are tired, so a short to 8070 is more recommended
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Short target achieved.
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Some key trendlines.
We might see a bounce upwards, but if it's not powerful, we'll go even lower.
Downtrend channel in a downtrend channel:
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Inv H&S possibility is not valid any more in my opinion.
The next bullish possibility is we bounce to 8.3k and start creating a falling wedge
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Another bounce possibility @ 7.8.
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If 7.8 doesn't hold, I turn bearish
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Second reason I turn bearish if 7.8 doesn't hold
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This is why 7.7 - 7.8 is an important resistance point.
Confluence: 2 meeting trendlines + 2 fibonacci zones
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There might be some stop loss hunting at this zone so I won't hurry into taking any decision until things clear out

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.