whether BTC can break through the $58,000 line, offense and defense are being carried out.
Today, it plummeted to around $56,000 at one point, the recovery from that was quick. In addition, the daily MACD is trying to make a golden cross, with a few lower whiskers in 4 hours, there is some volume feeling short-term upward pressure.
For this reason, there is also a development to try out $58,000 again. However, if it can't get through this line and bring it in with a big perspective on head and shoulders, it will be a medium-term trend change. The possibility cannot be denied.
Keep an eye out for the market prices in coming few days.
Today, it plummeted to around $56,000 at one point, the recovery from that was quick. In addition, the daily MACD is trying to make a golden cross, with a few lower whiskers in 4 hours, there is some volume feeling short-term upward pressure.
For this reason, there is also a development to try out $58,000 again. However, if it can't get through this line and bring it in with a big perspective on head and shoulders, it will be a medium-term trend change. The possibility cannot be denied.
Keep an eye out for the market prices in coming few days.
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Related publications
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.