Bitcoin / TetherUSSatış
BTC 19k at the end of March
BINANCE:BTCBUSD
You can assume this the worst case scenario, but my there is no real obstacles for it to happen. All the geometry analysis leads us to the cross at the end of current downtrend channel, where we finally can get a solid support. Currently we are already in clear final oversold state on 4H stopping us from more movement down for a while, having enough space oh 1D tho. So about a week would be needed to have a relief on 4H RSI and head to further down to our cross with target around 19k, which would be provided with just enough space on 1D RSI for down move. So my bet is side move till mid March, 19k bottom with strong support at the end of March.
Sorry, made a charts to show you and tried to insert them to the idea, but it appears that I need a PRO subscription and reputation points to insert any charts, thx Tradingview :(
Thanks for reading, have a nice trades!
You can assume this the worst case scenario, but my there is no real obstacles for it to happen. All the geometry analysis leads us to the cross at the end of current downtrend channel, where we finally can get a solid support. Currently we are already in clear final oversold state on 4H stopping us from more movement down for a while, having enough space oh 1D tho. So about a week would be needed to have a relief on 4H RSI and head to further down to our cross with target around 19k, which would be provided with just enough space on 1D RSI for down move. So my bet is side move till mid March, 19k bottom with strong support at the end of March.
Sorry, made a charts to show you and tried to insert them to the idea, but it appears that I need a PRO subscription and reputation points to insert any charts, thx Tradingview :(
Thanks for reading, have a nice trades!
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.