BitcoinPenjualan
BITCOIN
The price action that is currently playing out demonstrates a bearish bias. Price has failed to make a higher high past the 42000 zone.
On the daily chart, price has rejected the weekly kill zone resistance at 41000-43000. Latest daily candle forming a doji.
On the 4/1Hr time frame, the latest bearish impulse has retraced to the previous 'M' neckline resistance and is now testing the 78.6% and 61.8% fib zones. This is a pullback that presents us with a great risk to reward opportunity for a SHORT, with a target of 35000 before a possible pullback to go even lower.
This analysis should not be considered financial advice, DYOR
On the daily chart, price has rejected the weekly kill zone resistance at 41000-43000. Latest daily candle forming a doji.
On the 4/1Hr time frame, the latest bearish impulse has retraced to the previous 'M' neckline resistance and is now testing the 78.6% and 61.8% fib zones. This is a pullback that presents us with a great risk to reward opportunity for a SHORT, with a target of 35000 before a possible pullback to go even lower.
This analysis should not be considered financial advice, DYOR
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.
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.