InvestMate ₿ Bitcoin Is Trying To Make A Correction ₿
₿ Bitcoin is trying to make a correction
₿ 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: Downtrend
📊 RSI: Uptrend
₿ Bitcoin for the next week in a row can't find enough strength to continue rising, it is exactly as I wrote in my last post
It looks like we are slowly trying to make a downward correction. Again, the main levels of interest remain around the nearest support zones of the last upward wave. Looking at the return of dollar strength, the downward scenario looks more likely.
📉 The scenario I'm playing out is the execution of a downward correction to the vicinity of the nearest support levels. 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: Downtrend
📊 RSI: Uptrend
₿ Bitcoin for the next week in a row can't find enough strength to continue rising, it is exactly as I wrote in my last post
It looks like we are slowly trying to make a downward correction. Again, the main levels of interest remain around the nearest support zones of the last upward wave. Looking at the return of dollar strength, the downward scenario looks more likely.
📉 The scenario I'm playing out is the execution of a downward correction to the vicinity of the nearest support levels. 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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💲 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.
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💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌
💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌
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.