cryptochi1986

BTCUSDT_W_2024_06

Short
cryptochi1986 Mis à jour   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Examining the weekly chart, there are a lot of interesting observations as the Halving approaches in less than 10 weeks.

The price is forming a triangle pattern just below a major resistance level. A sell-off candle followed by a buy back candle cleared the weak hand liquidity within a 3-week span.

Currently, the price bar is consolidating into a triangle edge, which may result in a major breakout. The RSI has been in the oversold territory but is losing strength.

Predicting the direction is challenging, but my money is leaning towards the downside.

#BTC BTCUSDT_W_2024_06
Trade fermée: ordre d’arrêt atteint

Idées en relation

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.