VasudevaKiran

Breakout imminent!

VasudevaKiran تم تحديثه   
COINBASE:BTCUSD   بتكوين
..
تم فتح الصفقة:
Tech Indicators for Bearish movement: I think there is a head and shoulder forming and is more bearish in the next couple of hours. Then there is a wedge within which the price is stuck now, and potentially will breakout downwards as there are more sell orders in the order books.

Tech Indicators for Bullish movement: The Stoch RSI is diverging from the price movement on the 4H scale and there is a potential of a run upside and test the 3600 USD level. Might happen if there is another try by the bulls with significant buy volume.
تعليق:
A breakout happened upwards. But is with very low volume,so I presume this can be more of a fakeout rather than a breakout, Can go higher only with good buy volume.

Has the the potential to fall back downside with some good sell volume.

Personally prefer to be neutral till a clear sustained breakout happens with good volumes in either direction.
تعليق:
Is also possible to look at the current structure as transforming from a pennant to a bear flag now.

التحليلات ذات الصلة

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.