Bitcoin has a bullish structure on both the daily and the 4-hour chart. The retracement to $27.2k collected liquidity and the bulls have since driven prices to $27.6k.
The H4 bullish breaker block at $27.2k was respected as support so far. Given the daily structure, a consolidation around the
27K region over the weekend before another leg higher was possible. The OBV has inched higher over the past week, showing the bulls had a slight advantage
Entry: $27.4k (another revisit to27K or lower was possible)
Take-Profit: $29.6k (local resistance on the 1-day chart)
Invalidation: $26.6k (a move below the bullish breaker block)
The H4 bullish breaker block at $27.2k was respected as support so far. Given the daily structure, a consolidation around the
27K region over the weekend before another leg higher was possible. The OBV has inched higher over the past week, showing the bulls had a slight advantageEntry: $27.4k (another revisit to
27K or lower was possible)Take-Profit: $29.6k (local resistance on the 1-day chart)
Invalidation: $26.6k (a move below the bullish breaker block)
Not
We saw a retracement to $27.4k on Monday, and it remains to be seen whether the bulls can drive a recoveryNot
idea invalidated as BTC fell below the H4 bullish breaker, could be time to look for shorting opportunities for BTC or especially for weak altcoins
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.