BITCOIN-Short Term BULL & Long Term BEAR
LONG TERM BEAR
Indicators in the weekly/monthly time frame show Bitcoin has further to fall:
-RSI: 2W-Monthly candles show it still has room to move into over sold territory.
-MacD/Histogram: 3W-Monthly candles show no strong indication of flipping.
-Elliott Waves: agrees with bearish set up.
-Candles: still showing lower lows & lower highs.
SHORT TERM BULL
In the 5D-Weekly timeframe there's a 49% growth potential.
-Elliot Wave: Bitcoin completing 1-2-3-4-5 waves down to WAVE C. Currently in the 3-4 wave. Specifally, A-B-C.
Support: $5758
Resistance: $8585
FINAL BOTTOM: $2208
Indicators in the weekly/monthly time frame show Bitcoin has further to fall:
-RSI: 2W-Monthly candles show it still has room to move into over sold territory.
-MacD/Histogram: 3W-Monthly candles show no strong indication of flipping.
-Elliott Waves: agrees with bearish set up.
-Candles: still showing lower lows & lower highs.
SHORT TERM BULL
In the 5D-Weekly timeframe there's a 49% growth potential.
-Elliot Wave: Bitcoin completing 1-2-3-4-5 waves down to WAVE C. Currently in the 3-4 wave. Specifally, A-B-C.
Support: $5758
Resistance: $8585
FINAL BOTTOM: $2208
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.
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.