بتكوينشراء
BTC taking a breather to $8460 or maybe a pullback to $7950
Quick update
BTC range traded as previously outlined. It stayed within a sub channel and kept testing and piercing bottom of channel support. It has down broken down below the support line again for the 5th time in the last 3 days and this time it has stayed below the line the longest and is still there while writing this. There is a below channel bounce back threshold support @ $8460 where we have seen candles wick on multiple occasions. If we touch that line there is a good chance of another pop-up back in channel for a 5th time in a row. If it breaks below $8460, there really isnt much to prevent it from regressing back to the top of the previous 6 month descending channel Which currently is around $7950. Be vigilant!
Still bullish, we wont break the 5 year ascending trend and we are cusp of further bull run. We may not pull back but I would keep my stop loss tight here.
Not investment advice, DYOR
BTC range traded as previously outlined. It stayed within a sub channel and kept testing and piercing bottom of channel support. It has down broken down below the support line again for the 5th time in the last 3 days and this time it has stayed below the line the longest and is still there while writing this. There is a below channel bounce back threshold support @ $8460 where we have seen candles wick on multiple occasions. If we touch that line there is a good chance of another pop-up back in channel for a 5th time in a row. If it breaks below $8460, there really isnt much to prevent it from regressing back to the top of the previous 6 month descending channel Which currently is around $7950. Be vigilant!
Still bullish, we wont break the 5 year ascending trend and we are cusp of further bull run. We may not pull back but I would keep my stop loss tight here.
Not investment advice, DYOR
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.