Daily Looking at our highest timeframe we price has respected our $8,300 support zone, Resistance @ $9,300 a daily close above this level expect BTC to break $10,000 in the following days. As this analysis is being typed, the Consensus 2018 is going on until tomorrow. Stochastic RSI showing bullish momentum is starting to build up. I firmly believe May will be the last month BTC is below $10,000 (Just My Personal Opinion).
4Hour Shifting over to our trigger timeframe we see price has formed a double bottom inside our major 4hour support zone. A 4hour close above $8,700 activates our trade. Stochastic RSI showing possible higher low being formed in momentum. Major resistance shown @ $9,300, if price fails to break above this level expect BTC to retrace towards $7,500.
Hourly Finally looking over at our trigger timeframe price has broke through our two minor resistances @ $8,500 and $8,700. However price has not officially closed above our $8,700, but has close on it. Price however has remained bullish and is currently looking to from a higher high. Stochastic RSI showing momentum is in favors of the bulls.
Conclusion * Buy: After 4hour close above $8,700 * Sell: NO NO NO
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.