BTC daily update
1D
Price swept the recent low and we saw a good bounce up into a key level at 35.5–36.5k. Price is currently just above this level and is yet to flip it to support. Price is still sitting under 100 and 200 EMAs. RSI is beginning to make higher highs.
4h
Price has just ran into the 100 EMA and is seeing a rejection. RSI is beginning to show strength and OBV is increasing.
Prediction
Price will begin to compress between the 4h 100 EMA and the 35.5-36.5k region. If this region can hold as support then we should see a move to the next key zone, being 39.5-40.5k. This area is confluent with the 4h 200EMA and 1D 100EMA.
Price swept the recent low and we saw a good bounce up into a key level at 35.5–36.5k. Price is currently just above this level and is yet to flip it to support. Price is still sitting under 100 and 200 EMAs. RSI is beginning to make higher highs.
4h
Price has just ran into the 100 EMA and is seeing a rejection. RSI is beginning to show strength and OBV is increasing.
Prediction
Price will begin to compress between the 4h 100 EMA and the 35.5-36.5k region. If this region can hold as support then we should see a move to the next key zone, being 39.5-40.5k. This area is confluent with the 4h 200EMA and 1D 100EMA.
Note
4h chart
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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.
Regular $100k+ profit daily.
Join my Discord - see ForgeTrades.com for details.
Follow me on Twitter!
Get discounted fees here:
ftx.com/
partner.bybit.com/b/Forge
binance.com/en/register?ref=13128793
Join my Discord - see ForgeTrades.com for details.
Follow me on Twitter!
Get discounted fees here:
ftx.com/
partner.bybit.com/b/Forge
binance.com/en/register?ref=13128793
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.