Hey ,everyone!
Hope you enjoyed ,my correct pevious analysis!
Technically ,i detected 3 routes for BTC/USDT pair.
Green,(sharp uptrend)Btc needs a big bulish candle breakng 100 d MA, to paint the Green senario to our charts but Volium is agianst the King!
Blue,short term uptrend line will broken down and after retesting longer uptrend (about 34900+),BTC hits that broken trend once again as a pullback( or maybe double buttom?!)this is my favorit choice for now....
Red,its possible to Btc continues its downtrend,but based on the chart it cant break down the recently broken up red trendline! because it works as a support line from now on.
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if Btc exits pichfork ( and remine there for 2 days) i think ,the green route will considred a failed one!
But generaly i see BTC in an uptrend and mybe abit weak uptrend!
You can see the prices on the chart!
Hope you enjoyed ,my correct pevious analysis!
Technically ,i detected 3 routes for BTC/USDT pair.
Green,(sharp uptrend)Btc needs a big bulish candle breakng 100 d MA, to paint the Green senario to our charts but Volium is agianst the King!
Blue,short term uptrend line will broken down and after retesting longer uptrend (about 34900+),BTC hits that broken trend once again as a pullback( or maybe double buttom?!)this is my favorit choice for now....
Red,its possible to Btc continues its downtrend,but based on the chart it cant break down the recently broken up red trendline! because it works as a support line from now on.
----
if Btc exits pichfork ( and remine there for 2 days) i think ,the green route will considred a failed one!
But generaly i see BTC in an uptrend and mybe abit weak uptrend!
You can see the prices on the chart!
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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.