quantguy

Bitcoin Edges Lower

Short
BITSTAMP:BTCUSD   Bitcoin
Bitcoin has declined steadily from $20.7K. We appear to be forming a descending wedge pattern at the moment, but broader scale, this could be part of a bull flag. The Kovach OBV is relatively flat, so unless more momentum can come through, we will likely range at current levels at best. There is a vacuum zone below to $20K, then $19.5K, and a retracement could easily take us back to these levels.

Join my discord at discord.io/quantguy
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.