More Downside Coming For Bitcoin
I am expecting further downside in Bitcoin. When looking at the net buying/selling pressure, the current time looks very similar to August 2019. After the current dead cat bounce, we can expect to test 26k support and possibly lower.
The white/grey line represents the net buying/selling pressure on the indicator. You want to look for crosses above and below the midline as well as crosses above 30. A cross above 30 means that the bulls are in control and the price could rise rapidly.
Looks like we are very bearish in the short term.
The white/grey line represents the net buying/selling pressure on the indicator. You want to look for crosses above and below the midline as well as crosses above 30. A cross above 30 means that the bulls are in control and the price could rise rapidly.
Looks like we are very bearish in the short term.
Catatan
Still below the 2D pivot which was support but is now resistance. Above the blue line is bullish. Below the blue line is bearish. Catatan
Each trip into the 40k area seems to get quickly rejectedCatatan
Bulls fighting to stay above the 4H pivot with 5min left until the candle closes Catatan
Trend line resistance Catatan
Catatan
1 month Ichimoku Kumo Cloud support is at 10k. Will we touch that sometime before 2023? I would imagine so. Catatan
Interesting spot for the Volume Point of Control to be located at Catatan
The Volume Supported Linear Regression Oscillator on the 4 day chart shows that we have been in a long term downtrend since 4/15/21 and we are just now about to cross the zero mid-line of the oscillator on the short term. 
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.