Just a minor update for BTCUSD on the daily chart.
Put some simple horizontals and the descending triangle we are currently in. I could extend the triangle but IMO the consolidation area I started the upper resistance from is good enough lol.
Thinking if we can break bullish from this pattern, we have a decent resistance at the red line, if passed then there are 2 volume nodes above that seemed to have held their significance so far.
The bearish break would see back down towards $26K region. Reasoning for this is the measured move although I don't think it will fall that far but the purple lines are major support we need to hold otherwise BTC goes down high teens.
(Personal opinion)
Put some simple horizontals and the descending triangle we are currently in. I could extend the triangle but IMO the consolidation area I started the upper resistance from is good enough lol.
Thinking if we can break bullish from this pattern, we have a decent resistance at the red line, if passed then there are 2 volume nodes above that seemed to have held their significance so far.
The bearish break would see back down towards $26K region. Reasoning for this is the measured move although I don't think it will fall that far but the purple lines are major support we need to hold otherwise BTC goes down high teens.
(Personal opinion)
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。