BitcoinShort
$BTC analysis - 4h time frame
We are on the B wave
RSI seems to face a resistance here (blue line on the RSI)
This line rejected several time the price, so it's look like a resistance and it's also the line who rejected the price on the last B
Usual retracement for waves B are :
0.5 (+++) who will bring us to around 6800
but can also be 0.382 (++) who will bring us around 7100
I put the 2 red shadow box at these levels
RSI seems to face a resistance here (blue line on the RSI)
This line rejected several time the price, so it's look like a resistance and it's also the line who rejected the price on the last B
Usual retracement for waves B are :
0.5 (+++) who will bring us to around 6800
but can also be 0.382 (++) who will bring us around 7100
I put the 2 red shadow box at these levels
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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.
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.