Mulai
Bitcoin / TetherUS
Penjualan

BTCUSDt - Reversal pattern and Divergence at the peak of channel

Oleh Algorca
Diupdate
The good news has increased dramatically .. I think there should be some hesitation.. ‌I'm not so bearish but we have potential to revisit 10800 level
If this comes true
Altcoins (specially in DeFi zone) can break the previous price floors because of the correction they have.
Catatan
Another scenario that is better for altcoins is sideway at this range for a while
cuplikan
Catatan
As you know.. XAU and BTC are correlated.. now XAU has a lot of downward momentum and there isn't any reversal pattern yet..
If XAU broken down its support.. probably BTC will follow that.
cuplikan
Catatan
Gold is still bearish but bitcoin have bullish sign that can be lead to side-way market
cuplikan
Catatan
Gold has a bear flag, channel will be broken..
cuplikan
Catatan
Bear flag did its job But bulls prevented the trend from continuing.
currently backed into the channel and but its uptrend not confirmed yet.

Also BTC is side as we expected.


cuplikan
cuplikan
Catatan
Gold has upward momentum and now trading above MA20.
cuplikan
Catatan
BTC are in critical zone
XAU showed weakness

cuplikan
cuplikan
Catatan
We are testing midline of channel
Catatan
After sideways for many time, Now we faced again with channel resistance.
cuplikan
It's strong But I have no idea that it has enough ability to cross over.
This idea closes here.
BTCUSDBTCUSDTCandlestick AnalysisOscillatorsTrend Lines
Algorca

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.