Long Scenario For Bitcoin
Indicators:
- Daily candle has closed above the 200 MA & 50 MA
- Found support again in previously strong channel at 7800
- 7800 support was the neckline of a double bottom
If the this daily candle can close as a green two, the next resistance may likely be around 9550.
A safe Long can be taken only in the event the 2nd candle closes as a green two.
- Daily candle has closed above the 200 MA & 50 MA
- Found support again in previously strong channel at 7800
- 7800 support was the neckline of a double bottom
If the this daily candle can close as a green two, the next resistance may likely be around 9550.
A safe Long can be taken only in the event the 2nd candle closes as a green two.
Note
Edit:Pink Channel line should be placed @9550 not @9950. Chart remains the same otherwise.
Note
Bull flat formed, looking to break the pink dotted sub-channel
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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.