Bitcoin / TetherUSShort
BTC New Target
BTC New Target
Bear vs Bull
Once again we look at Bitcoin (XBT) short-term.
We have a recent bullish move... What happens next?
Above the blue and grey lines the bullish move can continue.
Immediate resistance is also found at the black line or MA200 ($16,483).
Looking at these three levels, XBT needs to move above the $16,500/$16,850 price range to knock out the bears.
Any trading below the blue line (~$16,615) can keep the bears alive and the drop resume.
If this level are conquered, then the balls passes towards the bulls.
More details on the chart.
Still red...
Namaste.
Bear vs Bull
Once again we look at Bitcoin (XBT) short-term.
We have a recent bullish move... What happens next?
Above the blue and grey lines the bullish move can continue.
Immediate resistance is also found at the black line or MA200 ($16,483).
Looking at these three levels, XBT needs to move above the $16,500/$16,850 price range to knock out the bears.
Any trading below the blue line (~$16,615) can keep the bears alive and the drop resume.
If this level are conquered, then the balls passes towards the bulls.
More details on the chart.
Still red...
Namaste.
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.