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تم تحديثه

Bitcoin's current status

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  • Bitcoin will break it's current resistance level if it closes today above our current resistance level at $11,379.
  • Next resistance level thereafter will be $16,947.4.
  • RSI still has room for growth.
  • A lot of buying volume since start of Feb (albeit low)





Key:
Red: Resistance, Green: Support, Intensity = strength
ملاحظة
This could be:

* A small retracement to next support (or close to it)
* A bounce from resistance that could confirm a downtrend

It's uncertain to confirm either way. The only bullish signal on this chart is our RSI. Based on this, I am still bullish on Bitcoin for the next month at least before another, big, retracement.
ملاحظة
لقطة
ملاحظة
لقطة

We are now testing our $9666.9 support. If it closes below in the next few day a short order can be opened. First Target: $7474.3 Second Target: $5955.4

At $5955.4, if volatility decreases, it would be the perfect buy in range for long.
تم إغلاق الصفقة يدويًا
Opportunity for buy at low volatility=massive potential


New Idea based on this low volatility outcome.

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