We highly expect BTC, and other crypto currencies to rise in the new week. We have set a buy order at 58953.85
We're still in a solid uptrend, for the time being, and based on all of our techinical tools we believe that we will see a rise again in the coming candles.
Reg our analysis, you can see everything but we will explain below:
- Fib entry of 38.2 lines up with 2 solid rejection candles
- End of volume meets 38.2
- Trendline keeping bears in control but if it breaks we could see a solid ride
- RSI is down
- Over all price action is holding bullish stance, higher highs, higher lows
What do you guys think will happen here?
We're still in a solid uptrend, for the time being, and based on all of our techinical tools we believe that we will see a rise again in the coming candles.
Reg our analysis, you can see everything but we will explain below:
- Fib entry of 38.2 lines up with 2 solid rejection candles
- End of volume meets 38.2
- Trendline keeping bears in control but if it breaks we could see a solid ride
- RSI is down
- Over all price action is holding bullish stance, higher highs, higher lows
What do you guys think will happen here?
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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.
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.