Weekly "Pivot" open!!
🔸 BTC update
Rather flat session for Bitcoin which, after its low point at 8500, evolved around 8600 throughout the previous session.
No movement so far today, Bitcoin remains below its weekly opening level in a daily technical context that is now negative.
On a 4-hour horizon, however, we can see signs of an increasingly significant bullish curve, which doesn't exclude a buy signal in the coming hours.
🔹Trend follower?
The latter is still bullish on the daily and 4h horizon, but is bearish on the 1h horizon.
🔹What to do?
Not much to add since yesterday, we are between a support zone and a resistance zone with a risk of Bart Simpsons.
That's why, just like yesterday, I remain flat on BTC waiting for 8200 or a retest of 9000.
Interested in our Trend Follower ? It's available for all our member!
4C-Trading
Rather flat session for Bitcoin which, after its low point at 8500, evolved around 8600 throughout the previous session.
No movement so far today, Bitcoin remains below its weekly opening level in a daily technical context that is now negative.
On a 4-hour horizon, however, we can see signs of an increasingly significant bullish curve, which doesn't exclude a buy signal in the coming hours.
🔹Trend follower?
The latter is still bullish on the daily and 4h horizon, but is bearish on the 1h horizon.
🔹What to do?
Not much to add since yesterday, we are between a support zone and a resistance zone with a risk of Bart Simpsons.
That's why, just like yesterday, I remain flat on BTC waiting for 8200 or a retest of 9000.
Interested in our Trend Follower ? It's available for all our member!
4C-Trading
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.