BTC rejected supply nicely a few times but is hanging around. Solid support has been established around 62.6k, we also have the gray ascending trendline below that started in early September and remains intact. Bulls need to defend those areas, but I still consider it rangebound until it breaks above supply/65k or breaks down below its uptrend and the 62.5k area.
For now the 15m looks bullish as it's trying to breakout above this little falling wedge. It's been a choppy week so far though, but we'll see how it plays out. I expect a decent move once it breaks this ~$2.5k range it has been in since last week.
For now the 15m looks bullish as it's trying to breakout above this little falling wedge. It's been a choppy week so far though, but we'll see how it plays out. I expect a decent move once it breaks this ~$2.5k range it has been in since last week.
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You reap what you sow.
VIP Lifetime Access Program:
ko-fi.com/c/0cb5bf9514
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
VIP Lifetime Access Program:
ko-fi.com/c/0cb5bf9514
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
Publications connexes
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.