What's next for Bitcoin?
تم تحديثه
Bitcoin weekly
Watching .618 retrace support @ 40k
bounce zone 40-44k acted as strong support, but only touch and go - no confirmation / test. Weekly downtrend indicated further consolidation needed at this level for resolution.
Current resistance 50-54k
Weekly squeeze momentum indicating additional downside / consolidation period possible next several weeks - also correlated to global markets momentum
RSI and Money flow rounding but still downward trend
Daily price action chop - watch overhead resistance and weekly confirmation of support / resistance flip at 54k for signal of trend reversal.
Short term - neutral
Long term - NUCLEAR BULLISH :D
Appreciate all support and comments!
Watching .618 retrace support @ 40k
bounce zone 40-44k acted as strong support, but only touch and go - no confirmation / test. Weekly downtrend indicated further consolidation needed at this level for resolution.
Current resistance 50-54k
Weekly squeeze momentum indicating additional downside / consolidation period possible next several weeks - also correlated to global markets momentum
RSI and Money flow rounding but still downward trend
Daily price action chop - watch overhead resistance and weekly confirmation of support / resistance flip at 54k for signal of trend reversal.
Short term - neutral
Long term - NUCLEAR BULLISH :D
Appreciate all support and comments!
ملاحظة
Dont worry, nobody else paid attention either!Patience is a skill.
We are not going anywhere.
ملاحظة
all going to plan now if 40k holds and we get our ETH re-trace holding 3k hopefully we can continue the upward trend for the remainder of 2022. good luck!
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.