evasivesteering

BTC - wyckoff analysis (update)

evasivesteering Mis à jour   
BITSTAMP:BTCUSD   Bitcoin
Hi guys,

I would like to update my previous wyckoff analysis after new movements of BTC this week (what a week!).
In general, it doesn't change much, just the 'ST as SOW' point which is now a little bit lower.

Let keep an eyes on BTC at these critical prices. Level to level trades is always a good choice.

All the best!
Commentaire:
BTC broke the lower trendline from "ST as SOW" point. After retesting this support, it is ready to move upward (in condition that stock markets hold the current levels and/or have a pullback).
Commentaire:
BTC held the (black) support and now going up along with the pullback of stocks.
Now BTC needs to break the strong resistance $20000-$20400 to head the creek resistance (around $23000).

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.