Bitcoins recent course and how to read it
The BTC/USD trading pair seems to be stuck at the first arc pair of a daily Gann Square set-up. Volume seems to be declining today which could mean that people are not happy to buy at these levels.
I conclude that we either break free of the arc pair today or tomorrow or a decline takes place to the top of the first square around 8500.
Please note that a bullish crossover of EMA 20 & SMA 50 is immanent which can either lead to advance in price or may be used by operators (Wyckoff) to trigger some stop buys and short the market.
I conclude that we either break free of the arc pair today or tomorrow or a decline takes place to the top of the first square around 8500.
Please note that a bullish crossover of EMA 20 & SMA 50 is immanent which can either lead to advance in price or may be used by operators (Wyckoff) to trigger some stop buys and short the market.
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.