BTCUSD - Expected rise has a little more air
After the expected local low at the June´s Pivot Point we made the clear way up after breaking the mentioned are around 8k and have for now overcome the resistance of the former top, heading now towards
Monthly R1 Pivot. There are unfortunately a couple of options, due to the fact, we are still sitting on a bearish rising broadening wedge, the chance it breaks down are not overwhelming with recent validated bullishness in Bitcoin,
but it is something we have to keep in mind. I would not be surprised if we start ranging between R2 and this Leadline for a while.
This is an update from:
Monthly R1 Pivot. There are unfortunately a couple of options, due to the fact, we are still sitting on a bearish rising broadening wedge, the chance it breaks down are not overwhelming with recent validated bullishness in Bitcoin,
but it is something we have to keep in mind. I would not be surprised if we start ranging between R2 and this Leadline for a while.
This is an update from:
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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.