Bitcoin Ranging
Bitcoin continues to range after finding support at a cluster of levels in the 45K to 
46K range. It is clearly seeking to establish value after the dump from the 50K handle. This is a rather narrow range for Bitcoin, so we may anticipate a breakout soon. The Kovach OBV is trending up slightly, which could signal a bull divergence and thus perhaps a bull breakout is to follow. Watch 48.2K for the next target if we do see a bull breakout. We appear to have good support from lower levels but if these don't hold, we will see support at 43.8K
46K range. It is clearly seeking to establish value after the dump from the 50K handle. This is a rather narrow range for Bitcoin, so we may anticipate a breakout soon. The Kovach OBV is trending up slightly, which could signal a bull divergence and thus perhaps a bull breakout is to follow. Watch 48.2K for the next target if we do see a bull breakout. We appear to have good support from lower levels but if these don't hold, we will see support at 43.8K
Join my discord at discord.io/quantguy
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.
Join my discord at discord.io/quantguy
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.