Bitcoin Corrects Lower, Will 37,000 Be Tested?
Weekly Time-frame
About to close now the weekly candle. We can expect a beginning of the dump. Strong resistance in $41,934.Awesome Oscillator (AO) might continue the trend to the downside.
1D Time-frame
1D TF is now correcting next support waiting $40,856, $40,019, $38,001. We are still bullish if the support holds. Will see what the market will do today.
4H Time-frame
We are still in correction area, we will see if the AO prints a Green Volume or print a drop volume of red. Then we can know where it is going. We have been expecting a drop and it seems its gonna happen today.
1H Time-frame
We are in the last support of Ichimoku Cloud we drop already but we are able to enter the cloud again. We will see if we can bounce or dropping soon.
We will discuss more on the possibility on our Live. Stay tune and check with us!
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Disclaimer: Above Technical Analysis is pure educational information, not Investment Advice. The information provided on this post does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.
About to close now the weekly candle. We can expect a beginning of the dump. Strong resistance in $41,934.Awesome Oscillator (AO) might continue the trend to the downside.
1D Time-frame
1D TF is now correcting next support waiting $40,856, $40,019, $38,001. We are still bullish if the support holds. Will see what the market will do today.
4H Time-frame
We are still in correction area, we will see if the AO prints a Green Volume or print a drop volume of red. Then we can know where it is going. We have been expecting a drop and it seems its gonna happen today.
1H Time-frame
We are in the last support of Ichimoku Cloud we drop already but we are able to enter the cloud again. We will see if we can bounce or dropping soon.
We will discuss more on the possibility on our Live. Stay tune and check with us!
Want more insights before US market open? Hit Like, Share, and Subscribe for more daily trading tutorial & cryptocurrency news
Trade Scholar, the best cryptocurrency educational community online!
Find the content above difficult to understand?
Feeling lost about how to trade?
Want to learn how to do your Own Price Prediction?
We endeavour to share you our investment knowledge & experience in order to help you starting your path to financial freedom. Follow, Subscribe & Join our Community to trade together!
Disclaimer: Above Technical Analysis is pure educational information, not Investment Advice. The information provided on this post does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.
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