🔥 Bitcoin Bearish Channel Bounce: Short-Term Uptrend Incoming?
Diupdate
In my most recent BTC analysis I talked about a potential break out of the bearish channel that we've been trading in for a couple of weeks.
After a failed bullish break out, we moved back towards the bottom support of the pattern. The reversal from the bottom was quite powerful, so I wouldn't be surprised if we see a couple of bullish days ahead.
Bullish target at the channel's resistance. Preferably, I want to see a move above 27k to confirm the reversal.
Longer-term the chart seems more bearish. Still expecting a move towards the Summer 2022 highs, as explained below.
After a failed bullish break out, we moved back towards the bottom support of the pattern. The reversal from the bottom was quite powerful, so I wouldn't be surprised if we see a couple of bullish days ahead.
Bullish target at the channel's resistance. Preferably, I want to see a move above 27k to confirm the reversal.
Longer-term the chart seems more bearish. Still expecting a move towards the Summer 2022 highs, as explained below.
Catatan
The reversal has been confirmed. Still far from oversold on longer-term timeframes. Looking for a move towards the blue area over the next few days.
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
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.