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Dr_Roboto

Bitcoin Channels - Testing midline of new channel

Bitcoin (COINBASE:BTCUSD)  
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COINBASE:BTCUSD   Bitcoin
Trend Analysis Bitcoin (Cryptocurrency) nasdaq SPX (S&P 500 Index) NASDAQ 100 CFD
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trendanalysis bitcoin nasdaq spx ndx
Pretty simple analysis for bitcoin. The most recent peaks the last 2 years have established a new channel for bitcoin. Right now, you can see it clearly testing the midline of the new channel.

Week timescale
snapshot

1D timescale
snapshot
Komentar:
Wednesday afternoon update. The center line of the channel is still holding, but for how long?
snapshot

Ide yang Berhubungan

Dr_Roboto
Bitcoin loses mid-channel support, headed to 20,000 or less
Dr_Roboto
NASDAQ move up to test 14000 or backdown to retest recent low?
Dr_Roboto
Pitchfork TA of S&P 500 starting 1950's - Down seems obvious
Dr_Roboto
S&P guess is pullback 4040 (20SMA) with rally to 4400 (200SMA)
Dr_Roboto
This is a good place for S&P 500 to find support
Dr_Roboto
Why so much volatility at the current price levels for S&P???
Dr_Roboto
S&P 500 bounced off support but trapped under April 5, 2021 gap
Dr_Roboto
NASDAQ Trading Channels since 1986
Dr_Roboto
S&P 500 Trading Channels to Watch
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