This Breakthrough coulde be enermous!!!
At the green flag there are three signals in one spot. One is the EMA 50 (yellow). Then we have the 0.764 fib and the hard resistance. The space between the blue and the red trendlines is entered and the hardresistance is also touched but not broken yet. The Stoch RSI and the volume are too overbought/low. But there is still hope for a rise in Bitcoin price. If the hardresistance breaks. My actual position is neutral. It might take another try.
// Update: The attempt to break through the hard-resistance (red) failed. Even the soft-resistance (based on Line) is only tangended. Next: Sideways and then a stresstest of the purple support trendline
// Update: The attempt to break through the hard-resistance (red) failed. Even the soft-resistance (based on Line) is only tangended. Next: Sideways and then a stresstest of the purple support trendline
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.