In a period of 4 hours, the twin floor reversal pattern is forming, which is confirmed by the presence of a positive divergence in the rsi indicator. Expect a short climb to the Kijensen Line in 4 hours ($ 41570) But in the daily interval, due to the heavy resistance of the straight line on the floor of the Como cloud, we expect to go back down This drop could be...
Technically, bitcoin is in a significant area on a daily basis. rsi has touched its daily downtrend line, in case of failure of which the mentioned targets can be imagined. The chart is also pullback after the failure of a daily static resistor. The main point is to reduce the strength of the previous downtrend and create a uniform and even higher ceiling, which...
In case of stabilization above 1.611, our first target is 1.76$ in 4h Your loss limit will be 1.6$, which if we lose this figure will fall even more Keep in mind that the perfection of digital currencies are subject to bitcoin movements and macroeconomic news This analysis is purely a personal opinion and is not a buy or sell offer like and comment your idea plz :)
Due to the failure of the downtrend and the news of the Russia-Ukraine war, expectations for the growth of Bitcoin and other currencies have risen. Russia is using digital currencies for its financial transfers due to heavy banking sanctions. If the weekly stabilizes above 44,000$, we can see 45,700$ weekly targets and then 47159$ for Bitcoin . If the ceiling...