📉 Daily Bitcoin chart review 📈
When yesterday I wrote that "alts season is very close" I didn't expect it to start in 3 hours after BTC review 😄 But it did and it was massive.
BTC day candle closed with bearish doji, but I wouldn't rush into shorts yet. After 14% pump BTC need to consolidate. Let it do so. If it fail to grow above ~27400 probably retracement will come, but so far trend is bullish and we may see it at 30k before the New Year.
D26-27: AC ⬆️⬆️ AO ⬆️⬆️
D24-25: AC 🔻🔻 AO ⬆️🔻
D22-23: AC ⬆️🔻 AO ⬆️🔻
🟥 27500 - 28000 - 29000
🟩 26500 - 25960 - 25700
😱 Fear & Greed index: 92 (<= 91 <= 93 <= 94 <= 86)
BTC day candle closed with bearish doji, but I wouldn't rush into shorts yet. After 14% pump BTC need to consolidate. Let it do so. If it fail to grow above ~27400 probably retracement will come, but so far trend is bullish and we may see it at 30k before the New Year.
D26-27: AC ⬆️⬆️ AO ⬆️⬆️
D24-25: AC 🔻🔻 AO ⬆️🔻
D22-23: AC ⬆️🔻 AO ⬆️🔻
🟥 27500 - 28000 - 29000
🟩 26500 - 25960 - 25700
😱 Fear & Greed index: 92 (<= 91 <= 93 <= 94 <= 86)
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.