Bitcoin continues to gradually descend in a formed downward wedge. In the classical understanding of technical analysis, this wedge should be broken up, but now every second trader sees this figure on the chart — because of this, it`s not a fact that everything will happen as simple as most people expect. . Technically, we trade under the Fibonacci level 0.618, and under the 50% margin requirements level. Below, we have another tasty zone for the market maker, it is a 100% margin requirements zone, which almost coincides with the next Fibonacci level 0.786 ($ 8,000 - $ 8,200). The RSI index has already seen a long formation of bullish divergence, which increases the likelihood of a quick upward movement, but it is possible that it will be realized through a sharp downward movement, with a quick return of the price. . We expect at least a corrective upward movement, either from current prices of $ 8,400 / $ 8,500, or after another descent down, from $ 8,100 / $ 8,200. If these levels do not deter aggressive sellers, then we have a risk of moving further down to the $ 6,000 area, but for now, we are adhering to a positive scenario with a corrective upward movement, after which we will see cryptocurrency market further mood.
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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.