Bitcoin
Giá xuống

BTC-reasons not to buy (yet)

Cập nhật
4-hour chart:

1. Bounced off of support @ 6000
2. Crossed resistance @ 8000
3. Upper trend line resistance (secondary)
4. Bearish pin bar
5. Upper trend line resistance (primary)
6. Weak resistance @ 9000
7. Strong resistance @ 10000
8. Momentum slowing on EFI but no bearish divergence yet

Going long might look temping but price must overcome both primary and secondary upper trend lines, as well as stay above support at 8000. The pin bar (#4) shows that the bears still have control above the secondary trend line. Bullish momentum is also slowing on the EFI.

Scenario 1: Trend overcomes support @8000. Price heads for next support @ 6000. (support might also be found @ around 7k)

Scenario 2: Price overcomes secondary trend line but cannot break primary line.

Scenario 3: The bulls overcome both trend lines. Soon after it is likely to face weak resistance at 9000. To make a higher high, Bitcoin must break 9500 and strong resistance should be expected @ 10000. A clean break of 10000 would be a good sign that the balance of power has shifted.

Ghi chú
Secondary trend line resistance overcame support @ 8000.

ảnh chụp nhanh
Ghi chú
Note the bearish divergence between price and EFI
Ghi chú
deadlock. so far unable to break resistance but not willing to retreat either

ảnh chụp nhanh
Ghi chú
Pushed past the secondary TL, testing the primary TL. The bearish divergence with EFI continues.

ảnh chụp nhanh
BARBearish PatternsBitcoin (Cryptocurrency)BTCBTCUSDBullish PatternsChart PatternsCryptocurrencyEFITechnical IndicatorsPINTrend Analysis

Thông báo miễn trừ trách nhiệm