BitcoinLong
BTCUSD 12/15/2020
Mis à jour
Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT
_____
First of all, please read first my previous TA.
_____
1D
As you see, Bitcoin is trying to break resistance level I mentioned in previous TA. If the price closed above $ 19,450.00 on Daily, there is a high probability of moving more upside prices. But historically, Tuesday is a break out day. play attention in 4 Hour time frame (today). The price is breaking the resistance area for so many days ( 8 days to be specific). Likely, resistance will be broken eventually. The price is above the moving averages. There is a bullish divergence on RSI, Stoch RSI and MACD. Bullish Crossover on Stoch RSI. MACD has not yet.
4HR
Yesterday, There are several bearish indications in this time frame but right now it completely invalidated.
1HR
It's just a pullback not a big deal.
Target to the Upside
There could be a temporary resistance at 0.618 or $ 19,856.19 but it breaks that resistance likely price to go up.
______
Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT
_____
First of all, please read first my previous TA.
_____
1D
As you see, Bitcoin is trying to break resistance level I mentioned in previous TA. If the price closed above $ 19,450.00 on Daily, there is a high probability of moving more upside prices. But historically, Tuesday is a break out day. play attention in 4 Hour time frame (today). The price is breaking the resistance area for so many days ( 8 days to be specific). Likely, resistance will be broken eventually. The price is above the moving averages. There is a bullish divergence on RSI, Stoch RSI and MACD. Bullish Crossover on Stoch RSI. MACD has not yet.
4HR
Yesterday, There are several bearish indications in this time frame but right now it completely invalidated.
1HR
It's just a pullback not a big deal.
Target to the Upside
There could be a temporary resistance at 0.618 or $ 19,856.19 but it breaks that resistance likely price to go up.
______
Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT
Note
The real show begins!Note
Publications connexes
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.