BitcoinLong
1W Support Tested. Short term Long unless 6,000 breaks.
First test of 06 February's bottom (6,000) with a 1D low yesterday at 6,125.7. The volume continues to grow (45.58K), indicating a sustainable (bearish) trend on the 1D Channel Down (RSI = 31.391, Highs/Lows = -635.4209) assuming 6,000 breaks. If not we expect 1 - 2 days of consolidation within or near the 6,000 - 6,432.4 1W support zone, before a first test at 7,286.70 - 7,417.90 , followed by the 0.618 Fibonacci retracement levels (8,327.90 - 8,719.20). Short entries are still either on the break out below 6,000 (TP = 5,616.70 1W EMA100) or at 8,327.90 & 8,719.20 (which will of course take more time to be achieved).
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Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
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Free Channel: t.me/investingscopeofficial
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Telegram: t.me/investingscope
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.