BTC at a critical level
Diupdate
BTC is facing a key area around 15.000 – 15.200 usd level. At this point we have 2 scenarios
Scenario 1:
- BTC is unable to break resistance zone and drops back to 12.000 zone. 11.000 is a key support, if broken price could be driven to lowe support zones such as 8.000 or even 5.300-5.500. This level matches with the 1.618 extension of the previous drop from 19.700 to 11.000 usd. It is also the target for a potential H&S pattern. Ichimoku cloud still shows a bearish market.
Scenario 2:
- BTC breaks clearly 15.200 level and goes quickly to 16.000 area. This would confirm a double bottom pattern and it would face New Year at possible all time highs. More volumen would be needed for this scenario, but we cannot discard it.
Scenario 1:
- BTC is unable to break resistance zone and drops back to 12.000 zone. 11.000 is a key support, if broken price could be driven to lowe support zones such as 8.000 or even 5.300-5.500. This level matches with the 1.618 extension of the previous drop from 19.700 to 11.000 usd. It is also the target for a potential H&S pattern. Ichimoku cloud still shows a bearish market.
Scenario 2:
- BTC breaks clearly 15.200 level and goes quickly to 16.000 area. This would confirm a double bottom pattern and it would face New Year at possible all time highs. More volumen would be needed for this scenario, but we cannot discard it.
Komentar
BTC confirmed Scenario 2. Bullish scenario will be confirmed if it stays above 15000 usd. Let's wait for the Ichimoku cloud to turn bullish.
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.