Perfect bounce? Next resistance 8,1k, but possible 7,3k retest
As we can see on the graph, two major support zones for BTC on macro levels are 6,5k and 3,8k.
Btc bounced almost 20%, and the buyers showed up fast.
The next crucial resistance zone for BTC is 8,1k, which you can clearly see on the VPVR.
When we zoom in on smaller time frames, we can see that BTC broke out of the iH&S formation, with a target of 8,1k~
The ideal entry would be the neckline retest around 7,3-7,4k with a first target to 8,1k~.
Btc bounced almost 20%, and the buyers showed up fast.
The next crucial resistance zone for BTC is 8,1k, which you can clearly see on the VPVR.
When we zoom in on smaller time frames, we can see that BTC broke out of the iH&S formation, with a target of 8,1k~
The ideal entry would be the neckline retest around 7,3-7,4k with a first target to 8,1k~.
Note
Note
Almost perfect neckline retest, bearish volume really low so farNote
One more reason for being bullish, total crypto market cap retested perfect levels
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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.