Today is Sunday again, and this week has not been the best one we could've seen. We started pretty chill until we rallied 42.5k$ and then rejected the next day. Then we ranged at the same prices, with little spikes.
So, what's my opinion for next week? I think that a short-term bearish scenario is more likely to happen now, as we're holding above 40k$ for shorter and shorter periods of time. I'm not saying a bullish scenario could not happen either, but that won't happen unless we break the structure and go at least above 43k and set a higher high.
My outlook is that we're going to break this small range on both sides, and set a high at around 40.7k$ and a low above 37.2k$.
I know I've written a shorter update than usually, but sometimes price action is just not the best. Anyway, I hope again you enjoyed the update!
So, what's my opinion for next week? I think that a short-term bearish scenario is more likely to happen now, as we're holding above 40k$ for shorter and shorter periods of time. I'm not saying a bullish scenario could not happen either, but that won't happen unless we break the structure and go at least above 43k and set a higher high.
My outlook is that we're going to break this small range on both sides, and set a high at around 40.7k$ and a low above 37.2k$.
I know I've written a shorter update than usually, but sometimes price action is just not the best. Anyway, I hope again you enjoyed the update!
Not
Nailed it
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.