BitcoinMis à jour 4 hour / two possibilities forming
Daily kijun acting as support at the minute. Hasn't been broken since September correction. Two ideas.
1/ Trend is looking increasingly bearish. If we get a break of the daily kijun and a confirmation candle that likely signals a break down to $11,000 if not $9,000.
2/ If the break down is rejected and price holds above kijun it may signal time to move up. Many ways to look at it, for example a falling wedge as drawn above.
RSI is trending down but no clear indication. No trade zone currently, will be watching how tightly the price hugs daily kijun and update on here.
1/ Trend is looking increasingly bearish. If we get a break of the daily kijun and a confirmation candle that likely signals a break down to $11,000 if not $9,000.
2/ If the break down is rejected and price holds above kijun it may signal time to move up. Many ways to look at it, for example a falling wedge as drawn above.
RSI is trending down but no clear indication. No trade zone currently, will be watching how tightly the price hugs daily kijun and update on here.
Note
Kijun support held for now, bounce under way.
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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.