BitcoinLong
BTCUSD - Golden Ratio at the Bottom Support of the Channel.
Price has fallen to upper 7K regions.
Things to keep in mind for BULLs, the drawn parallel channels have been respected really well and the price is at support region on a descending channel, which usually breaks up.
Golden ratio region has been hit, 61.8% to 65% pullback from the last significant high.
There is a gap from CME futures chart that starts at 9.1K, and these gaps have been filled most o the time.
From a BEARISH perspective, the loss of major supports show a lot of weakness and many are not resistance region. The next big support is around 7.2K region.
Stay safe and happy trading :)
Things to keep in mind for BULLs, the drawn parallel channels have been respected really well and the price is at support region on a descending channel, which usually breaks up.
Golden ratio region has been hit, 61.8% to 65% pullback from the last significant high.
There is a gap from CME futures chart that starts at 9.1K, and these gaps have been filled most o the time.
From a BEARISH perspective, the loss of major supports show a lot of weakness and many are not resistance region. The next big support is around 7.2K region.
Stay safe and happy trading :)
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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.
Smart Crypto Association [ SCA ]
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.