BitcoinLong
It was a double-top system forcing price down. Bitcoin powers on
https://www.tradingview.com/x/AxZaLrj7/
It looked a bit gloomy yesterday Tuesday for Bitcoin, but really all that occurred was Bitcoin wound up in a couple of double tops, if you call that price weakness, I don't think so they happen so frequently and there are traders who only trade double-tops, double-bottoms - the tradable patterns they form are called M-Tops and W-Bottoms.
BTCUSD is cruising as not a lot buying but it looks like buyers would move in once it crosses past the Top3 on the 15m.
Here are some pictures:
30m chart below & VWAP bands.
It looked a bit gloomy yesterday Tuesday for Bitcoin, but really all that occurred was Bitcoin wound up in a couple of double tops, if you call that price weakness, I don't think so they happen so frequently and there are traders who only trade double-tops, double-bottoms - the tradable patterns they form are called M-Tops and W-Bottoms.
BTCUSD is cruising as not a lot buying but it looks like buyers would move in once it crosses past the Top3 on the 15m.
Here are some pictures:
30m chart below & VWAP bands.
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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.