InvestMate ₿ Bitcoin Lack Of Strength For Increases ₿
₿ Bitcoin Lack Of Strength For Increases
₿ Nearest strong support zone: around the fibo level of the 0.236 upward wave.
₿ Nearest strong resistance zone: around recent peaks.
₿ Technical environment:
📊 Moving averages: Uptrend
📊 MACD: 50/05
📊 RSI: 50/50
₿ Price action: bitcoin today is trying to break out of the accumulation it has been in for more than 9 days, it doesn't look to me like it will find enough strength to break out at such a resistance zone. I expect the execution of a downward correction looking at the behavior of the price over the past few days.
📉 The scenario, the scenario hen I play out is to start executing a downward correction. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
🚀 If you appreciate my work and effort in this post, I encourage you to leave a like and follow on my profile. 🚀
₿ Nearest strong support zone: around the fibo level of the 0.236 upward wave.
₿ Nearest strong resistance zone: around recent peaks.
₿ Technical environment:
📊 Moving averages: Uptrend
📊 MACD: 50/05
📊 RSI: 50/50
₿ Price action: bitcoin today is trying to break out of the accumulation it has been in for more than 9 days, it doesn't look to me like it will find enough strength to break out at such a resistance zone. I expect the execution of a downward correction looking at the behavior of the price over the past few days.
📉 The scenario, the scenario hen I play out is to start executing a downward correction. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
🚀 If you appreciate my work and effort in this post, I encourage you to leave a like and follow on my profile. 🚀
Note
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Disclaimer
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💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
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💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
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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.