BTCUSDT 35600 Weekly update Jan 23-31 2021 #4
BTCUSDT 35600 Weekly update Jan 23-31 2021 #4
If net volume increases and price dips lower, the 50ema on the 21D is on avg 30200k, thats why I referred to 30500 as the next avg sprt
The next sprt below that will be the M50ema, currently at 23600
However, since we could assume the structure could be a running flat, it is feasible for bulls to use 30k as sprt based on the wave analysis. (see video explanation in my-private-live-stream )
Now the 21D 21ema (40500-41500) will represent the resistance zone on the way up. And even on the lower degree, u could see bulls were referring 41-42k as temporary sprt (or on avg 40975).
Therefore, will use the same 40975 as a reference point in the next few days/weeks and 30500 as next sprt.
If net volume increases and price dips lower, the 50ema on the 21D is on avg 30200k, thats why I referred to 30500 as the next avg sprt
The next sprt below that will be the M50ema, currently at 23600
However, since we could assume the structure could be a running flat, it is feasible for bulls to use 30k as sprt based on the wave analysis. (see video explanation in my-private-live-stream )
Now the 21D 21ema (40500-41500) will represent the resistance zone on the way up. And even on the lower degree, u could see bulls were referring 41-42k as temporary sprt (or on avg 40975).
Therefore, will use the same 40975 as a reference point in the next few days/weeks and 30500 as next sprt.
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منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.