It appears to be a correction wave in the big time zone and will continue until it exceeds about $57,000.
Trade active
The time zone has been corrected.Bitcoin has reached the resistance area. If it breaks through resistance, it is expected to reach 0.25.
Note
Expand target price to $70k~72k.Trade closed manually
Buying is on the decline. It is highly likely that it will not break the 0.25.Note
If $52,000 is broken, a plunge may occur, so caution is needed.Trade active
Note
If bitcoin falls below $40000, I would think of it like this:Note
A panic sell appeared at the last point C of the correction wave, accompanied by a strong volume. If $40000 breaks, I extend it with the idea I posted earlier.Note
As mentioned many times, $40,000 is broken and subsequent ideas continue.
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.
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.