Hi Guys!
BTC holds pretty strong even though we had this massive bounce up lately.
In term of technical analysis, the situation looks very healthy.
Here is why:
• Ichimoku Cloud – the favourite indicator of people from Asia where the cryptos have the highest volumes.
On the daily chart, the situation is the best possible. This is the best setup.
1. The price is above the cloud and Tenkansen (red line)
2. Tenkansen crossed Kijunsen(blue) and they both are above the cloud.
• WBM BUY/SELL Indictor – the price is saturated so we can expect a small correction.
It can be really small taking into account the trend has changed.
• Weis Waves – Still we have much demand and almost no supply.
There is no correction on the horizon.
To sum up.
Although there is no correction on the horizon we can expect small one to $4500 - $4700.
The investors have to finally take their profit.
Anyway, we are still bullish on BTC and finally, we can confirm the trend reversal.
Let us know what you think.
MASSIVE Hugs!
WBM Team
BTC holds pretty strong even though we had this massive bounce up lately.
In term of technical analysis, the situation looks very healthy.
Here is why:
• Ichimoku Cloud – the favourite indicator of people from Asia where the cryptos have the highest volumes.
On the daily chart, the situation is the best possible. This is the best setup.
1. The price is above the cloud and Tenkansen (red line)
2. Tenkansen crossed Kijunsen(blue) and they both are above the cloud.
• WBM BUY/SELL Indictor – the price is saturated so we can expect a small correction.
It can be really small taking into account the trend has changed.
• Weis Waves – Still we have much demand and almost no supply.
There is no correction on the horizon.
To sum up.
Although there is no correction on the horizon we can expect small one to $4500 - $4700.
The investors have to finally take their profit.
Anyway, we are still bullish on BTC and finally, we can confirm the trend reversal.
Let us know what you think.
MASSIVE Hugs!
WBM Team
Ghi chú
Unfortunately. Time to evacuate to Theter for the time being.
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Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
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.