Dear friends,
Continuing intraday forecasts.
This idea is open and published as part of my content promotion. I draw your attention to the fact that from 11.11 all forecasts are only in the closed channel.
Yesterday, Bitcoin moved along the side scenario, following the second plot (see grey arrows):
At the moment, the price of Bitcoin is in the side channel 7050 - 7800 USD
Trend by TF for today:
Week is Bearish
Day is bullish
4 hours - flat
At the moment, Bitcoin is in the upper wall of the bearish channel and is experiencing strong resistance. However, a pullback is not observed, which indicates the accumulation of a bullish impulse.
There is a situation in the BTCUSD market today.
The most likely scenario for the day is a bullish scenario with consolidation at current levels (see green arrows)
The bullish scenario activation level is fixing above the green key level.
The activation level of the bearish scenario is fixing below the red key level.
Otherwise, the lateral movement scenario remains the priority - see the grey arrows.
Estimated limits of the trading range for today:
top trading range for today - 7700 USD
lower trading range for today - 7400 USD
Weekly scenario - bullish correction - the situation can already be considered executed.
The upper limit is 8100
Lower limit - 7200
The global scenario is the movement in the bear channel.
The upper limit is 8600
Lower limit - 4850
Good luck to everyone and good profits!
Regards,
Mikhail @Hyipov
=================================================== ======
Like and subscribe if you liked the material
I will be glad to any message.
Thank you very much
Everyone GTI
Dear Friends, I remind you that this is only my personal view of the market, which I share with you. I do not guarantee profits. Only you make the final decision and all the risks associated with it.
Continuing intraday forecasts.
This idea is open and published as part of my content promotion. I draw your attention to the fact that from 11.11 all forecasts are only in the closed channel.
Yesterday, Bitcoin moved along the side scenario, following the second plot (see grey arrows):
At the moment, the price of Bitcoin is in the side channel 7050 - 7800 USD
Trend by TF for today:
Week is Bearish
Day is bullish
4 hours - flat
At the moment, Bitcoin is in the upper wall of the bearish channel and is experiencing strong resistance. However, a pullback is not observed, which indicates the accumulation of a bullish impulse.
There is a situation in the BTCUSD market today.
The most likely scenario for the day is a bullish scenario with consolidation at current levels (see green arrows)
The bullish scenario activation level is fixing above the green key level.
The activation level of the bearish scenario is fixing below the red key level.
Otherwise, the lateral movement scenario remains the priority - see the grey arrows.
Estimated limits of the trading range for today:
top trading range for today - 7700 USD
lower trading range for today - 7400 USD
Weekly scenario - bullish correction - the situation can already be considered executed.
The upper limit is 8100
Lower limit - 7200
The global scenario is the movement in the bear channel.
The upper limit is 8600
Lower limit - 4850
Good luck to everyone and good profits!
Regards,
Mikhail @Hyipov
=================================================== ======
Like and subscribe if you liked the material
I will be glad to any message.
Thank you very much
Everyone GTI
Dear Friends, I remind you that this is only my personal view of the market, which I share with you. I do not guarantee profits. Only you make the final decision and all the risks associated with it.
My TG blog t.me/techhypov
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.
My TG blog t.me/techhypov
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.