— Bitcoin price movement hypothesis —
Two bullish divergences, one on MACD and another on RSI announce a potential imminent pump on Bitcoin. Those signals need to be validated by an important green candle crossing the EMA20. We can also find a bearish Gartley which will be validated by reaching the 4740$ price. Notice that there is a last high point resistance on that area.
At 4740 price will reverse (bull trap) and free fall into the target at 3470$.
For this hypothesis to confirm bulls need to push the price above the 4400$ resistance which VPVR and past supports mark it as a pain point to travel through.
Two bullish divergences, one on MACD and another on RSI announce a potential imminent pump on Bitcoin. Those signals need to be validated by an important green candle crossing the EMA20. We can also find a bearish Gartley which will be validated by reaching the 4740$ price. Notice that there is a last high point resistance on that area.
At 4740 price will reverse (bull trap) and free fall into the target at 3470$.
For this hypothesis to confirm bulls need to push the price above the 4400$ resistance which VPVR and past supports mark it as a pain point to travel through.
Not
The pattern has didn't validate.
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.