BTC has bounced near the support line that has existed since 11/15 of last year. MACD has just crossed over for the bad, and all other indicators are pointing towards more pain. A quick look at the longs vs shorts counter on bitfinex, also tells me there has not been enough pain for longs.
That being said, I see price moving below support and into the next level of support which is around $4600. This will have completed the market cycle chart and will allow us to finally continue moving towards progress.
That being said, I see price moving below support and into the next level of support which is around $4600. This will have completed the market cycle chart and will allow us to finally continue moving towards progress.
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Looks like its going to retest that support today... watch for a break or a reboundFeragatname
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.