Dopo il recente ATH, stiamo assistendo ad un normale ritracciamento del prezzo (circa 11%). Valutate le opportune resistenze, fintanto che il prezzo resta sopra quota 58K, e visto e considerato il livello di leverage sul mercato futures, possiamo ritenerci ancora in trend per possibili rialzi. In ogni caso è saggio valutare la situazione man mano. NOT FINANCIAL ADVISE.
In my last published ideas I have outlined how would have traded in the range $53K - $58K for few days before moving on to the next target ($60K). We are still on track of our previous analysis and, unless exogenous events (whales taking profits, ban, musk, flushing of long futures etc.), we should be able to keep our way straight to the target. This is not...
I have adjusted the supports and resistances area for today. We are now trading within the range $53K - %58K. I am still of the idea that we are going to trade within this range for a little bit and then break the $58K level, although a possible healthy correction is probable given that we just lose momentum. As long as we stay above 50K I am not worried at...
This is basically a confirmation of what I have said yesterday in a previous chart: we see now $BTC trading within the range $56K - $58K. We are going to see the price swinging between these two values for a bit until the market will be convinced that is now time to break the $58K level. Things could change if an exogenous event enters the show (es.: some deadly...
30m and 4h candles show the price of BTC consolidation above $56K. We may see the price testing multiple time the supports and resistance within the range 56K - 59K before to break $60K, which is highly possible In the next few days.
The last two 4h candles have both closed above that level which is now our new support. If the daily candle close also within the range $56K - $58K we are going to see the price of BTC testing $58K very soon. Leave a comment that is helpful or encouraging. Let's master the markets together.
I have been playing around with the ADX lately. What I can see right now is a Bear trend on 4h and 1D candles, which will likely resolve in the BTC testing the support around $39.7K.
I see lots of space for improvement here in the short run. Do you guys think we'll have the chance to see the price go to 5$ by the end of the month?