BTC's gains slow down?
In the 4-hour chart, you can see the distance from the last analysis (11/19). Although it has risen a bit, it has not reached the expected increase of 2500 points.
At the same time,there is a divergence in the 4-hour chart to fall back the correction zone,and in the 30 minutes have third divergence.
Therefore, against to these signals (divergence), pay special attention to the next rise.
Divergence represents the end of a trend and the possibility of reversal.
At larger levels, you must pay special attention the divergence.
Currently in the daily line, there is no divergence seen.
Therefore, the overall trend is still upward, just short for a bear and the long term for bull .
Support pressure and possible rebound level can refer to the Fibonacci sequence in the figure
Other price refer below .
R3 20150-20650
R2 19000-19200
R1 18250-18500
S1 17600-17700
S2 17000-17200
S3 16050-16300
S4 14600-15000
R1 is the first pressure, S1 is the first support, and so on
#Cryptocurrency market risk is high, please carefully assess operational risks
This analysis is a personal comment and does not have any investment advice, please refer to it carefully.
At the same time,there is a divergence in the 4-hour chart to fall back the correction zone,and in the 30 minutes have third divergence.
Therefore, against to these signals (divergence), pay special attention to the next rise.
Divergence represents the end of a trend and the possibility of reversal.
At larger levels, you must pay special attention the divergence.
Currently in the daily line, there is no divergence seen.
Therefore, the overall trend is still upward, just short for a bear and the long term for bull .
Support pressure and possible rebound level can refer to the Fibonacci sequence in the figure
Other price refer below .
R3 20150-20650
R2 19000-19200
R1 18250-18500
S1 17600-17700
S2 17000-17200
S3 16050-16300
S4 14600-15000
R1 is the first pressure, S1 is the first support, and so on
#Cryptocurrency market risk is high, please carefully assess operational risks
This analysis is a personal comment and does not have any investment advice, please refer to it carefully.
🔥BingX 邀請碼 U756LL
invite.bingbon.com/U756LL
linktr.ee/jobs_lin
invite.bingbon.com/U756LL
linktr.ee/jobs_lin
🔥BingX 邀請碼 U756LL
invite.bingbon.com/U756LL
linktr.ee/jobs_lin
invite.bingbon.com/U756LL
linktr.ee/jobs_lin
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.