TheAltcoinBuff

Indecision and Potential Reversal on Weekly Bitcoin Chart

BINANCE:BTCUSDT   Bitcoin / TetherUS
A weekly close above 30.6k could mark a turnaround, supported by rising Tenkan San and upward Senkou Span A. The lagging coming near to price and flat Kijun hint at consolidation. Continuous MACD crossings and red bars suggest ongoing bearish momentum. If we close above kumo cloud, it might set the stage for a trend reversal. This situation balances between consolidation and potential reversal, with a key role for the closing above kumo in determining future market direction.

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.