We can see a bullish divergence on the MACD and the RSI.
If Bitcoin is able to push through the orange resistance line we might expect a retrace to the upper box at the cyan line.
If Bitcoin is able to push through the orange resistance line we might expect a retrace to the upper box at the cyan line.
Giao dịch đang hoạt động
Bình luận:
so because the retrace of this last bullish impulse was quite strong i flipped the chart to review my retrace idea and got more indications for it to may happen. There is always a chance that bitcoin may fall even more as bearish sentiment and trend is strong yet according to the chart I don’t see this drop below 4k as of yet.
what do you guys think?
so because the retrace of this last bullish impulse was quite strong i flipped the chart to review my retrace idea and got more indications for it to may happen. There is always a chance that bitcoin may fall even more as bearish sentiment and trend is strong yet according to the chart I don’t see this drop below 4k as of yet.
what do you guys think?
Bình luận:
selling pressure was too high, closed the trade right before it went completely downhill
Bình luận:
broke through everything, outlook is extremely bearish
broke through everything, outlook is extremely bearish
got an entry at 4174 and setting my main target at +/- 4750
taking Elliot Waves into consideration we may currently be situated on the third wave