Two things happening right now,
1). BTC Forming Double top on 1D chart
2). A major horizontal resistance level is getting tested.
These 2 things indicate that we are going to see a pull back in the coming days, once we hit 45.5k to 46k level.
How much can we pull back?
BTC will retrace back to the trend line it broke a few days ago, that retest is essential.
Conclusion:
There is a nice short opportunity at this key level, as a pull back can be seen on charts.
1). BTC Forming Double top on 1D chart
2). A major horizontal resistance level is getting tested.
These 2 things indicate that we are going to see a pull back in the coming days, once we hit 45.5k to 46k level.
How much can we pull back?
BTC will retrace back to the trend line it broke a few days ago, that retest is essential.
Conclusion:
There is a nice short opportunity at this key level, as a pull back can be seen on charts.
Not
Update: If we see a consolidation happening at 45 to 46k level, then that would be a bull flag formation and it would not be wise to open short
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.
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.