Bitcoin Ranging
Bitcoin continues to range after finding support at a cluster of levels in the 45K to 
46K range. It is clearly seeking to establish value after the dump from the 50K handle. This is a rather narrow range for Bitcoin, so we may anticipate a breakout soon. The Kovach OBV is trending up slightly, which could signal a bull divergence and thus perhaps a bull breakout is to follow. Watch 48.2K for the next target if we do see a bull breakout. We appear to have good support from lower levels but if these don't hold, we will see support at 43.8K
46K range. It is clearly seeking to establish value after the dump from the 50K handle. This is a rather narrow range for Bitcoin, so we may anticipate a breakout soon. The Kovach OBV is trending up slightly, which could signal a bull divergence and thus perhaps a bull breakout is to follow. Watch 48.2K for the next target if we do see a bull breakout. We appear to have good support from lower levels but if these don't hold, we will see support at 43.8K
Join my discord at discord.io/quantguy
Publikasi terkait
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.