BitcoinPembelian
BTCUSD - the big leap forward ?
Hi all,
Looking at the 1h chart, Bitcoin is in a downtrend since May 18, but lower highs are part of the symmetrical triangle pattern, which is in formation since Saturday. Price is now narrowing the range to the zone between $9,800 - $9,650, so something is about to happen pretty soon !!!
If we zoom out, we see that the price is quite stable, finding support in the $9,500-$9,600 area and above the very important long-term downtrend.
The target remains the same - filling the gap between $9,600 and the psychological level of $10,000 and moving out of the symmetrical triangle pattern (also in line with the horizontal resistance).
RSI levels are near the place there were during January 10-13, just a day before the big green candle that eventually let to the year-to-date high of $10,360.
24-hour trading volumes are lower compared to the weekend and declining since Monday when they peaked at $42 billion. They are now at $29 billion.
Cheers,
Looking at the 1h chart, Bitcoin is in a downtrend since May 18, but lower highs are part of the symmetrical triangle pattern, which is in formation since Saturday. Price is now narrowing the range to the zone between $9,800 - $9,650, so something is about to happen pretty soon !!!
If we zoom out, we see that the price is quite stable, finding support in the $9,500-$9,600 area and above the very important long-term downtrend.
The target remains the same - filling the gap between $9,600 and the psychological level of $10,000 and moving out of the symmetrical triangle pattern (also in line with the horizontal resistance).
RSI levels are near the place there were during January 10-13, just a day before the big green candle that eventually let to the year-to-date high of $10,360.
24-hour trading volumes are lower compared to the weekend and declining since Monday when they peaked at $42 billion. They are now at $29 billion.
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.