Bitcoin Weekly Candle Review
Higher time-frames have more influence then lower time-frames. With the weekly candle close showing almost no movement, a peak at the 2-week time-frame reveals short-term moving averages showing a top-heavy formation. This suggests price could move down. MACD confirms downwards direction too.
We also see a double top (green circles).
A burst to the upside would come as quite a surprise.
The weekly time-frame itself shows slight upwards momentum.
So overall for now we remain Neutral on BTCUSD.
We also see a double top (green circles).
A burst to the upside would come as quite a surprise.
The weekly time-frame itself shows slight upwards momentum.
So overall for now we remain Neutral on BTCUSD.
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.