BitcoinPembelian
Let's look how BTCUSD is trading on Friday
Hi all,
BTC hit our first target from Wednesday, which was the $9,400 - $9,600 zone, surpassing the long-term downtrend and the horizontal resistance. It managed to close at $9,800 yesterday, adding 5.3 percent to its value and almost hit $10,000 during intraday.
What we are seeing currently is a correction to the downside as the coin is trading around $9,400 as of the time of writing and unfortunately made another easy brake below the notorious diagonal line. It is of critical importance to close the workweek in the $9,400 - $9,600 area as this will help us consolidate and set the ground for an attack of the next targets:
- $10,000 as a psychological level and a breakout of the symmetrical triangle (correcting this one a little bit as it is now obvious the gap from $9,600 to $10,000 is easily filled by bulls once the $9,600 level is reached)
We are in a symmetrical triangle pattern since February:
- The year to date high at $10,360.
By the way, this level looks quite heavy as you can see, it was hit several times already in the last 7-8 months
It was also seen as a major barrier in front of bulls back in 2018:
Cheers,
BTC hit our first target from Wednesday, which was the $9,400 - $9,600 zone, surpassing the long-term downtrend and the horizontal resistance. It managed to close at $9,800 yesterday, adding 5.3 percent to its value and almost hit $10,000 during intraday.
What we are seeing currently is a correction to the downside as the coin is trading around $9,400 as of the time of writing and unfortunately made another easy brake below the notorious diagonal line. It is of critical importance to close the workweek in the $9,400 - $9,600 area as this will help us consolidate and set the ground for an attack of the next targets:
- $10,000 as a psychological level and a breakout of the symmetrical triangle (correcting this one a little bit as it is now obvious the gap from $9,600 to $10,000 is easily filled by bulls once the $9,600 level is reached)
We are in a symmetrical triangle pattern since February:
- The year to date high at $10,360.
By the way, this level looks quite heavy as you can see, it was hit several times already in the last 7-8 months
It was also seen as a major barrier in front of bulls back in 2018:
Cheers,
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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.