BITCOIN-Will the climactic behavior continue?
Hi everyone
After a long week in a trading range,the weekly bar on BTCUSDT will be closed, RED.Is this the continuation of climactic behavior from last 2 months? Well it might be.
For now ,We can see a hL MTR with a bad signal bar,and the Higher low took place above 27500$ support level,and we have the resistance level of 28250$. As most of the trends last between 5-6 bars we might get a green bar for the beginning of the week.
Hope this analysis helps you in a way.
I will gladly answer your questions,Just leave a comment below and PRESS THE LIKE BOTTOM please.
After a long week in a trading range,the weekly bar on BTCUSDT will be closed, RED.Is this the continuation of climactic behavior from last 2 months? Well it might be.
For now ,We can see a hL MTR with a bad signal bar,and the Higher low took place above 27500$ support level,and we have the resistance level of 28250$. As most of the trends last between 5-6 bars we might get a green bar for the beginning of the week.
Hope this analysis helps you in a way.
I will gladly answer your questions,Just leave a comment below and PRESS THE LIKE BOTTOM please.
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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.