BitcoinGiá lên
Resistance Became Support | Bitcoin
In my last post, I made the case that Bitcoin has found its bottom at the green support zone because of the following reasons:
1: Bitcoin has fallen 20% from the current peak to the support zone
2: The support zone was key resistance multiple times. The fact that it broke resistance is significant!
3: The 21 weekly ema was at the support zone.
As we can see now, Bitcoin has made it out of its support zone. What this means is that Bitcoin has made its previous resistance new support and that the 21 weekly ema was also kept as support. This is extremely bullish!
So what can we expect now? First of all, the previous consolidation area has to be breached before the price can really kick off a new rally. It is likely that in the next few days, the consolidation area will be hit. When that does happen, i'll make a new update. As of now, Bitcoin seems to be incredibly bullish.
1: Bitcoin has fallen 20% from the current peak to the support zone
2: The support zone was key resistance multiple times. The fact that it broke resistance is significant!
3: The 21 weekly ema was at the support zone.
As we can see now, Bitcoin has made it out of its support zone. What this means is that Bitcoin has made its previous resistance new support and that the 21 weekly ema was also kept as support. This is extremely bullish!
So what can we expect now? First of all, the previous consolidation area has to be breached before the price can really kick off a new rally. It is likely that in the next few days, the consolidation area will be hit. When that does happen, i'll make a new update. As of now, Bitcoin seems to be incredibly bullish.
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.