🤖 #BTCLIVE - 03.09 🤖
🤖 #BTCLIVE - 03.09 🤖
TLDR:
Short-Term (-1 Day)
70:30- Bullish:Bearish
Mid-Term (1 Week+)
40:60
Bullish:Bearish
Long-Term (1 Month+)
80:20 - Bullish:Bearish
TECHNICAL ANALYSIS:
We seem to be holding the bottom of the sym. triangle quite nicely, with a fair few bullish factors lining up. I would be heavily committed to a long to at least 20.2k altough with it being Sunday and the market comign back online in a few hours still these movements can be quite misleading. When the Asian market comes on line it should be quite telling.
The key areas to watch are 19.5k as losing that not only confirms a break down out of the pattern but a break of a very key support and further downside is expected in the short term to potentially 18.8k although holding should comfortably see 20.2k although I am not particularly bullish beyond and expect a rejection there.
Technical Analysis Bullish Factors:
+ Bullish Divergence on the 1D
+ Bullish Descending wedge on the 1D
+ Oversold on the Weekly
+ Reversal signal on the Weekly
+ Wave Dip signal on the daily
+ Bullish Weekly Pivot
+ Bullish Wave Divergence
+ Regained trendline support and holding the sym. triangle pattern
+ Regained 20, 50 ema and HMA
+ MACD turning bullish
+ Bullish Weekly Pivot
Technical Analysis Bearish Factors:
- Slightly bearish Daily POC
- 200 EMA Resistance incoming
- Not fully broken local resistance
- TD6 showing
NEWS:
Bull:
+Nada
Bear:
- Zip
TLDR:
Short-Term (-1 Day)
70:30- Bullish:Bearish
Mid-Term (1 Week+)
40:60
Bullish:Bearish
Long-Term (1 Month+)
80:20 - Bullish:Bearish
TECHNICAL ANALYSIS:
We seem to be holding the bottom of the sym. triangle quite nicely, with a fair few bullish factors lining up. I would be heavily committed to a long to at least 20.2k altough with it being Sunday and the market comign back online in a few hours still these movements can be quite misleading. When the Asian market comes on line it should be quite telling.
The key areas to watch are 19.5k as losing that not only confirms a break down out of the pattern but a break of a very key support and further downside is expected in the short term to potentially 18.8k although holding should comfortably see 20.2k although I am not particularly bullish beyond and expect a rejection there.
Technical Analysis Bullish Factors:
+ Bullish Divergence on the 1D
+ Bullish Descending wedge on the 1D
+ Oversold on the Weekly
+ Reversal signal on the Weekly
+ Wave Dip signal on the daily
+ Bullish Weekly Pivot
+ Bullish Wave Divergence
+ Regained trendline support and holding the sym. triangle pattern
+ Regained 20, 50 ema and HMA
+ MACD turning bullish
+ Bullish Weekly Pivot
Technical Analysis Bearish Factors:
- Slightly bearish Daily POC
- 200 EMA Resistance incoming
- Not fully broken local resistance
- TD6 showing
NEWS:
Bull:
+Nada
Bear:
- Zip
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