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Hello guys, bitcoin made a sharp bear move the last time. As you can see in my chart it is trading in a channel and wedge formation.
We will see an up-move soon to the area seen in my chart, at the psychological level 9900 - 10.000 USD.
Bitcoin touched exactly the lower line of the wedge and channel.
Strong support is at 8000 - 8100 USD.
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RSI: Oversold
Stochastic: Oversold
Target: 9800 - 9900
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Information provided is only educational and should not be used to take action in markets.
Thanks.
___________________________________________________________________________________________________________________
Hello guys, bitcoin made a sharp bear move the last time. As you can see in my chart it is trading in a channel and wedge formation.
We will see an up-move soon to the area seen in my chart, at the psychological level 9900 - 10.000 USD.
Bitcoin touched exactly the lower line of the wedge and channel.
Strong support is at 8000 - 8100 USD.
___________________________________________________________________________________________________________________
RSI: Oversold
Stochastic: Oversold
Target: 9800 - 9900
___________________________________________________________________________________________________________________
Information provided is only educational and should not be used to take action in markets.
Thanks.
___________________________________________________________________________________________________________________
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Giao dịch đang hoạt động
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People taking monthly or weekly charts to discuss price action... in trading, you have to take smaller time frames to have the right accuracy.
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We see good volume and price action
BTC touched exactly my support line
BTC touched exactly my support line
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"The sun shines in vain for everyone."
Bình luận:
The information provided is for educational purposes only and should not be used to take action in markets.
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