Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
Bitcoin 3hr analysis 7/1/2020
Bitcoin
Short
Bitcoin 3hr analysis 7/1/2020
By ricardokingsz30btc
Follow
Follow
Updated
Jul 4, 2020
6
Cheer
Cheer
Jul 2, 2020
Hello, I'm Anne.
We got a rising trend over the past 4 days.
Unfortunately, we didn't broken the line of resistance 1 July.
As we can see, the high point even could not touch the top of the channel. The pwoer is lower and lower.
-In my opinion, a compelet trend need high or low points of the wave touch the channel line.If not, which means market sentiment be in one side.
So the market sentiment is negtive now.
Within the next 2 days, we probably get a downtrend except a significent break of the resisitance in 9270 which turn the bias.
sell:9200 stop:9350 target:8950
Jul 4, 2020
Trade closed: target reached
The rising amount of transaction speed up the process.
Beyond Technical Analysis
Trend Analysis
Wave Analysis
ricardokingsz30btc
Follow
Follow
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.