BitcoinLong
BTC - D1 - Tenkan-Sen = GOOD BAROMETER !
D1 : Very impressive price action
Tenkan-Sen, currently @ 29642 should be seen as the first significant support on a Daily basis analysis, ahead of Kijun-Sen and MBB
H4 : Same picture than D1, first support @ 32050 and of 31064 and 30680
H1 : Watch MBB , ST bullish above and ST bearish below
M15 : 50% Fib ret of last upside move is @ 32'400 which is roughly the middle of clouds support zone
Conclusion : As long as BTC stays and hold above Tenkan-Sen, which worked, so far, perfectly well as a support indicator the trend remains bullish on a daily basis for higher levels.
Only a clear breakout of Tenkan-Sen, currently @ 29642 would force to a reassessment view of the expected bullish scenario
Tenkan-Sen, currently @ 29642 should be seen as the first significant support on a Daily basis analysis, ahead of Kijun-Sen and MBB
H4 : Same picture than D1, first support @ 32050 and of 31064 and 30680
H1 : Watch MBB , ST bullish above and ST bearish below
M15 : 50% Fib ret of last upside move is @ 32'400 which is roughly the middle of clouds support zone
Conclusion : As long as BTC stays and hold above Tenkan-Sen, which worked, so far, perfectly well as a support indicator the trend remains bullish on a daily basis for higher levels.
Only a clear breakout of Tenkan-Sen, currently @ 29642 would force to a reassessment view of the expected bullish scenario
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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.