Bitcoin analysis in daily timeframe
Bitcoin analysis in daily timeframe
According to the 200-day moving average weight indicator, daily volume trading volume, daily trading volume average, uptrend channel, the following information can be extracted:
- After a positive price reaction to the 200-day moving average weight line, the price was able to grow more than 61% in 41 days ($ 26,196)
- The price started its 75-day correction process after registering its $ 69,000 peak and reached the price level of $ 32896 (more than 52% correction) after breaking the 200-day moving average weight.
- The price has been in a good upward channel during the last 73 days (with a slope of 30 degrees) and so far has grown by more than 32% from its price floor and has increased by about $ 10,550.
Conclusion: Considering the above and the fact that in the last 10 days, the price has broken its 200-day moving average weight line twice with Kendall Marobozo and has been above it for 10 days, and a very short distance between them, positive global funds, increasing cryptocurrency acceptance. And other good factors, we can count on the yellow targets written.
As always: don't forget to manage capital and take risks with Reward.
Good luck and profitable.
According to the 200-day moving average weight indicator, daily volume trading volume, daily trading volume average, uptrend channel, the following information can be extracted:
- After a positive price reaction to the 200-day moving average weight line, the price was able to grow more than 61% in 41 days ($ 26,196)
- The price started its 75-day correction process after registering its $ 69,000 peak and reached the price level of $ 32896 (more than 52% correction) after breaking the 200-day moving average weight.
- The price has been in a good upward channel during the last 73 days (with a slope of 30 degrees) and so far has grown by more than 32% from its price floor and has increased by about $ 10,550.
Conclusion: Considering the above and the fact that in the last 10 days, the price has broken its 200-day moving average weight line twice with Kendall Marobozo and has been above it for 10 days, and a very short distance between them, positive global funds, increasing cryptocurrency acceptance. And other good factors, we can count on the yellow targets written.
As always: don't forget to manage capital and take risks with Reward.
Good luck and profitable.
Note
very nice reaction . what do you think?
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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.