BTC -2.42% broke its fibonacci 0.236 which in general terms is an important level.
It also broke it's uptrend channel .
It FAILED to get above the very important 200 daily MA twice!
Daily RSI is still high, while hourly is low.
Daily MACD is turning negative.
BTC -2.42% Needs to get above and hold the 9200 level. Next important line to hold is the 8800 level.
It can still crawl back up. In the long term BTC -2.42% and other crypto's will definitely appreciate in value. Long term holders should NOT sell. But be aware off possible pain to 7400 - 6000 - or even 4500 at it's lowest point.
GL
ملاحظة
Review: ~bad/good analyses and bad trade advice. should have sold, even the long term holders.
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.