Hello everyone,
Bitcoin might top around 35400$ for many reasons, 161.8% fib, Weekly RSI over 92, one of them is the Mid Line of the Logarithmic chart which is currently resistance.
NVT signals show red and you know what this mean, and Weekly RSI needs to take a deep cold bath, W RSI had never be able to stay so high for more than 6 days.
If the Bull market should continue i think a retest on the daily MA 21 around 25900$ would be very healthy. Also at the same time we can take a wick deep down to 21600$... on the MA50.. :-)
It will be quick but if your order is ready... you will catch it.
You can take a look at this logarithmic chart which is divided by fibs, 95000k would be the top of the channel.
Best to you and happy new year 2021
Short term Prevision :
-Probable retracement to the daily MA21 : 25900$
-Probable wick to MA50 around 21600$ (0.382 fib)
Bitcoin might top around 35400$ for many reasons, 161.8% fib, Weekly RSI over 92, one of them is the Mid Line of the Logarithmic chart which is currently resistance.
NVT signals show red and you know what this mean, and Weekly RSI needs to take a deep cold bath, W RSI had never be able to stay so high for more than 6 days.
If the Bull market should continue i think a retest on the daily MA 21 around 25900$ would be very healthy. Also at the same time we can take a wick deep down to 21600$... on the MA50.. :-)
It will be quick but if your order is ready... you will catch it.
You can take a look at this logarithmic chart which is divided by fibs, 95000k would be the top of the channel.
Best to you and happy new year 2021
Short term Prevision :
-Probable retracement to the daily MA21 : 25900$
-Probable wick to MA50 around 21600$ (0.382 fib)
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這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。