BitcoinLong
Consolidation range - Signs of reversal
Sentiment is changing. Signs of reversal is now manifesting on all time frames:
1H-4H: Printed cup and handle with smoothed bottom. Now above neckline, 7,38xk. Target reached.
1D: Inverse head and shoulder. Target for neckline is 7,8k.
1W/1M: Looking to close out monthly with a bullish candle (high body, short upper wick)
6,7k-7,8k is a great range providing strong support. From bear market down to this area, which it now has printed horizontal consolidation rectangle for about a month, indicates strong bottom here.
Long term positive.
Not trading advice.
Short term target: 7,8k.
1H-4H: Printed cup and handle with smoothed bottom. Now above neckline, 7,38xk. Target reached.
1D: Inverse head and shoulder. Target for neckline is 7,8k.
1W/1M: Looking to close out monthly with a bullish candle (high body, short upper wick)
6,7k-7,8k is a great range providing strong support. From bear market down to this area, which it now has printed horizontal consolidation rectangle for about a month, indicates strong bottom here.
Long term positive.
Not trading advice.
Short term target: 7,8k.
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.