Hi all,
So, as discussed yesterday the bull flag on the 1h chart resulted in a breakout and run towards the lower end of the $9,600-$9,500 resistance zone. The price did not reach that point but was rejected near $9,480 and moved down to $9,350 today.
Additionally, we found support above the 200-day EMA on the 4-h chart, which is a good sign that can now serve as a launchpad for the next leg towards the already-mentioned resistance zone.
We are still lacking volumes, but bitcoin is slowly starting to pick up the pace
My yesterday idea:
BAT targets:
WAVES targets:
Altcoins:
Cheers,
So, as discussed yesterday the bull flag on the 1h chart resulted in a breakout and run towards the lower end of the $9,600-$9,500 resistance zone. The price did not reach that point but was rejected near $9,480 and moved down to $9,350 today.
Additionally, we found support above the 200-day EMA on the 4-h chart, which is a good sign that can now serve as a launchpad for the next leg towards the already-mentioned resistance zone.
We are still lacking volumes, but bitcoin is slowly starting to pick up the pace
My yesterday idea:
BAT targets:
WAVES targets:
Altcoins:
Cheers,
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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.
Related publications
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.