BTC LONG potential
Bitcoin is still in a Weekly and daily sell Range. BTC is about $1200 away from changing trend on the weekly and daily. If we do break $41322, this will be positive news for the time being. The monthly candle is about 3 days from closing. If monthly can close roughly where it is now with the break of the weekly and daily sell range. We should have a nice bullish month in August.
If BTC breaks this $41322, I would look for btc to have a pullback and create a Higher low. Especially at the start of the August, This will create the wick of the monthly candle to have a nice strong bullish close end of August. We still have to keep an open mind that there is a alot of resistance around the $48-50k region and Imbalance around the 20k to be filled still. Trade safe and protect your capital!
If BTC breaks this $41322, I would look for btc to have a pullback and create a Higher low. Especially at the start of the August, This will create the wick of the monthly candle to have a nice strong bullish close end of August. We still have to keep an open mind that there is a alot of resistance around the $48-50k region and Imbalance around the 20k to be filled still. Trade safe and protect your capital!
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.