BitcoinLong
BTC Updated Analysis
Support bounce respected in full.
The green support break will now turn into a red resistance zone (clearly). The break in the trend line resulted in two sell plays around the 65212 zone area.
A down trend was forming, though now the resistance zone at 65212 (green support/break line in the picture) has been hit twice now via the Daily TF, turning it into an uptrend (hence the purple bottom trend line. If that happens, a climb to my red resistance/break zone will occur.
and yes the trend line clearly may be broken, that uptrend is a little ridiculous!
Next stop is 71399 resistance!
The green support break will now turn into a red resistance zone (clearly). The break in the trend line resulted in two sell plays around the 65212 zone area.
A down trend was forming, though now the resistance zone at 65212 (green support/break line in the picture) has been hit twice now via the Daily TF, turning it into an uptrend (hence the purple bottom trend line. If that happens, a climb to my red resistance/break zone will occur.
and yes the trend line clearly may be broken, that uptrend is a little ridiculous!
Next stop is 71399 resistance!
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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.