TopicOfficial

Possible Rejection at 43,5K BTC and bump

Long
TopicOfficial Mis à jour   
BINANCE:BTCBUSD   None
Right now we have been in a ascending parallel channel that has been respected very nicely. In the last 3 days BTC formed a descending wedge.
The next big resistance is located at 43,5K wich is confirmed using the Fixed Range Volume Profile tool.

I would buy at the resistance level at 43,5K.

The MACD histogram is showing lower lows wich should validate the hypothesis.

If the resistance will be respected we could see a big bounce towards the 50K or 48K.
Commentaire:
Bonced before, at the 44,2K volume resistance and already hit the 47,3K Mark
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.