Possibility of Correction for Bitcoin about Short Time Frame
As can be seen, Bitcoin is moving as expected within the ascending triangle formation, and we are currently on a stable path above SMA200 / 4H.
Considering the Fib support and resistance, a correction to around $35K can be considered normal. If we can break the limits in this area, we can see a correction to $33.5K or even up to
29K, which is our long-term fib level.
Considering the Fib support and resistance, a correction to around $35K can be considered normal. If we can break the limits in this area, we can see a correction to $33.5K or even up to
29K, which is our long-term fib level.
BUY at support, SELL at resistance.
Do not enter the position without seeing the breakout confirmation!
Don't mind FOMO or FUD!
Whichever way everyone is looking, look in the REVERSE direction!
Don't forget the PROFIT realization!
Do not enter the position without seeing the breakout confirmation!
Don't mind FOMO or FUD!
Whichever way everyone is looking, look in the REVERSE direction!
Don't forget the PROFIT realization!
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
BUY at support, SELL at resistance.
Do not enter the position without seeing the breakout confirmation!
Don't mind FOMO or FUD!
Whichever way everyone is looking, look in the REVERSE direction!
Don't forget the PROFIT realization!
Do not enter the position without seeing the breakout confirmation!
Don't mind FOMO or FUD!
Whichever way everyone is looking, look in the REVERSE direction!
Don't forget the PROFIT realization!
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.