Price has formed a bullish flag (orange).
Recent price drop has been because of Black Rock's lack of purchases, Chinesse ETF boughts below expected, and some other negative news like CZ arrested, etc...
If price closes below first gray support, would be a bearish escenario.
If we close today above 61k would be a positive signal.
Stay tunned
Recent price drop has been because of Black Rock's lack of purchases, Chinesse ETF boughts below expected, and some other negative news like CZ arrested, etc...
If price closes below first gray support, would be a bearish escenario.
If we close today above 61k would be a positive signal.
Stay tunned
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#1 Trader at PrimeXBT.com (cinnamon)
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#1 Trader at PrimeXBT.com (cinnamon)
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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.
Free Telegram channel:
t.me/cinnamon_club
#1 Trader at PrimeXBT.com (cinnamon)
t.me/cinnamon_club
#1 Trader at PrimeXBT.com (cinnamon)
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.