Bitcoin / TetherUSMis à jour Bitcoins run to 11K
Happy Friday everyone. Here is my short term outlook on BTC
- Bulls have managed to push above several Supply levels throughout the week leaving the bears in the dust.
- 5D outlook we see to the left(yellow) a general area in which we formed a "bull trap" before price dropped down.
- We are now looking for a move within this area for a potential "top" level on Bitcoin. This will take out several stops and enter heavy Supply territory. Upon occuring, we can then start looking for sells or bearish strength.
Enjoy
- Bulls have managed to push above several Supply levels throughout the week leaving the bears in the dust.
- 5D outlook we see to the left(yellow) a general area in which we formed a "bull trap" before price dropped down.
- We are now looking for a move within this area for a potential "top" level on Bitcoin. This will take out several stops and enter heavy Supply territory. Upon occuring, we can then start looking for sells or bearish strength.
Enjoy
Note
I am unable to post my first bearish chart but it is on my twitter page. Cheers.Ordre annulé
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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.