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Bitcoin (BTC): Small Bounce Before Support Is Lost
Bitcoin / TetherUS
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Bitcoin (BTC): Small Bounce Before Support Is Lost
NoOneWhoIsSomeone tarafından
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Takip Et
Güncellendi
1 May 2022
1
9
1 May 2022
Watching closely as we head into Monday, this is a probable outcome before any more strong selling.
Liquidity needs to be sparked again so it can be taken, and the trend can continue.
The reason for the bounce is the
RSI Divergence
.
To further support this analysis,
BTC just closed its worst Monthly Candle on record:
As well as a
decoupling of BTC/USD which has only happened 2 times before:
Invalidation would be a break above the Bearish Trend (Dashed Line)
Resistance:
~$41,500
~$43,000
Support:
~$37,500
1 May 2022
Not
Here is an alternate perspective:
Bitcoin (Cryptocurrency)
BTC
BTCUSD
BTCUSDT
Chart Patterns
Cryptocurrency
Technical Indicators
Trend Analysis
NoOneWhoIsSomeone
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez.
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