Bitcoin / TetherUSMis à jour Undecided
After recent sell-off, Bitcoin looks to have found support at the 50 MA and a new uptrend looks like it's about to begin with a formation of an inside bar on the 4hr chart. It's not yet confirmed since the candle is still yet to close. If it does closes as an inside bar, I would be going LONG.
INSIDE BARS: Inside bars show a period of consolidation in a market. A daily chart inside bar will look like a ‘triangle’ on a 1 hour or 30 minute chart time frame. They often form following a strong move in a market, as it ‘pauses’ to consolidate before making its next move. However, they can also form at market turning points and act as REVERSAL SIGNALS from key SUPPORT AND RESISTANCE LEVELS.
INSIDE BARS: Inside bars show a period of consolidation in a market. A daily chart inside bar will look like a ‘triangle’ on a 1 hour or 30 minute chart time frame. They often form following a strong move in a market, as it ‘pauses’ to consolidate before making its next move. However, they can also form at market turning points and act as REVERSAL SIGNALS from key SUPPORT AND RESISTANCE LEVELS.
Note
I HOPE Y'ALL LONGED COS I DID.Note
Hopefully we break and close above 46500.
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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.