BTC bounced nicely From the S/R zone (horizontal yellow line) which is a key level of fib tool - indicating a bounce from one-third of the trend length, and also in confluence with pitchfork p3 sub3 zone (exactly around one-third of the pitchfork lower chamber zone.
Expecting bulls to step in & stimulate price to retest the 49K ~ 50k key level after which we may see an eventual flip of this level given ceteris paribus.
On breakout of the 50k level, expect price to make a decent rally upward to 57k after which we will see 64K and a new ATH.
OBV still look bullish on HTF, so I'm expecting this to play out for the bulls.
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.