Looking at the intraday hourly price action, a TRIANGLE PATTERN has been identified !
Indeed, after having reached a high @ 44'981 which triggered a RSI BEARISH DIVERGENCE, the BTC moved in a sideways, slightly down price action, in making a TRIANGLE PATTERN which is currently in a downside breakout progress (watch pullback !) which will validate or invalidate this triangle formation.
A breakout confirmation would open the door for a technical target @ 42'280 !
50 % Fibonacci retracement being @ 40'998 (also the KIJUN-SEN) which is also the hourly clouds bottom support area and which should be seen as a PIVOT LEVEL in this short term hourly time frame.
Interesting to note that 41'110 is currently the level of the MID BOLLINGER BAND on the 4 HOURS time frame
A CLEAR BREAKOUT OF THE 41'000 WOULD PUT THE FOCUS AGAIN ON THE 39'000-37'000 FORMER CONGESTION SUPPORT AREA
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.