BTC/Dollar 4H chart
RSI a little bit overbought, pullback expected around previous resistance, now support at 9 – 9.2K. The 0.618 fib line would be a perfect support line for bullish consolidation. If support holds, next target 10k
In my opinion the dip is at the end. Looking at the market cycle we are in the despair phase, FUD and whales manipulate the whole crypto market.
This is my first technical analysis, I am learning to create analysis and to understand how Tradingview works…. This is certainly not financial advice.
Tips are always welcome!
In my opinion the dip is at the end. Looking at the market cycle we are in the despair phase, FUD and whales manipulate the whole crypto market.
This is my first technical analysis, I am learning to create analysis and to understand how Tradingview works…. This is certainly not financial advice.
Tips are always welcome!
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.