The Direction of Bitcoin in Q3

تم تحديثه
The point at which the Bitcoin upward trend breaks is 0.618 in GANN, which is about $7,500 to $7,800.

If there is any change in the line that Bitcoin passes, I will leave a comment below.
ملاحظة
It stopped at 0.382 point on the GANN.

لقطة

However, it is worth looking forward to the yellow line as the point of the rebound corresponds to the Fibonacci ratio.

لقطة

If the white line breaks, it is likely to flow downward.
تم فتح الصفقة
If Bitcoin stays in the current section for longer, it is considered as Wyckoff Schematics - Distribution Area.

لقطة
ملاحظة
لقطة

If 10,000 dollars are not broken, there is enough room to reach 12,000 dollars.
ملاحظة
لقطة
ملاحظة
If bitcoin does not exceed 11,800 dollars and falls to 11,400 dollars, the upward trend is considered to be broken.
أغلقت الصفقة: تم الوصول للهدف
It is also possible to reach 13000 if short-covering occurs beyond the next position.

لقطة
ملاحظة
Bitcoin's sharp rise seems to have stopped as the $11,400 mentioned earlier was broken.

Bitcoin needs to recover 11600 dollars to continue its upward momentum,

caution to the panic sell if the $10,900 is broken.


لقطة
ملاحظة
The new long position is dangerous at $11,800.
ملاحظة
On the premise that it doesn't break $11,100, bitcoin seems to be able to do up to $13,000 by using short-covering.

لقطة
ملاحظة
Bitcoin was resisted by the yellow line after a sharp rise.

If Bitcoin is not supported by the white line, it will fall to the next line below.

لقطة
ملاحظة
The white line is near $11,900 in the preceding comment.
ملاحظة
Since the Futures market forms a fairly neutral price range, I adjust to the variables for it.

لقطة
ملاحظة
The Direction of Bitcoin in Q4
Bitcoin (Cryptocurrency)BTCUSDBTCUSDTChart PatternsGannTrend Analysis

منشورات ذات صلة

إخلاء المسؤولية