Bitcorn having a hard time getting over our diagonal resistance
Gann box placed with violet rectangle indicating where our price is hovering/ finding a happy medium for now. Large ichimoku cloud below leaves a lot of support to consider, breaking down through the top of the cloud will be a slow process as bulls don't want to give up their position near 12k. Continuing to attack the 12k violet diagonal. Possibly a Wyckoff distribution...
You can also see we attempted to make a flat bottom wedge , but failed and I'd consider that invalidated or a bullish bias distorting the end of the triangle.
You can also see we attempted to make a flat bottom wedge , but failed and I'd consider that invalidated or a bullish bias distorting the end of the triangle.
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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.