Alright BTC broke small resistance. In my opinion, this at least will trigger a short term bullish movement
1) Although volume is not too high, but it does produced an impulsive candlestick
2) Broke small resistance between 42.9K - 43K
3) Broke Daily EMA 34
Now we need to wait for confirmation; either:
1) Retest and hold 43K Resistance become support (RBS)
2) Increase in volume
Do click "Related Ideas" below to see my previous analysis
DISCLAIMER : I'm not a financial advisor. Everything I shared, is my opinions & what I do in real trade.
You should not make a trade solely based on my analysis
Market is a volatile place, be sure to make your own analysis and judgement..
1) Although volume is not too high, but it does produced an impulsive candlestick
2) Broke small resistance between 42.9K - 43K
3) Broke Daily EMA 34
Now we need to wait for confirmation; either:
1) Retest and hold 43K Resistance become support (RBS)
2) Increase in volume
Do click "Related Ideas" below to see my previous analysis
DISCLAIMER : I'm not a financial advisor. Everything I shared, is my opinions & what I do in real trade.
You should not make a trade solely based on my analysis
Market is a volatile place, be sure to make your own analysis and judgement..
Note
BTC has broke 43K (small resistance)Now the next target is 45.6K
Note
Failed Bull, retesting trendline
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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.
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.