This is a continuation from the BTCUSD pattern discussed on January 26th, 2022.
Recently, Bitcoin’s price broke above a descending broadening wedge (orange lines) pattern in the daily chart.
The daily RSI also broke to the upside from the downtrend (orange line).
The recent price drop from USD$40k to USD$38.3k may be the beginning of a path toward finding support on the descending wedge pattern (green band).
While $38.3k provides support (green horizontal line), support may be found around ~USD$35k (yellow circles), which coincides with the lower Bollinger band.
Recently, Bitcoin’s price broke above a descending broadening wedge (orange lines) pattern in the daily chart.
The daily RSI also broke to the upside from the downtrend (orange line).
The recent price drop from USD$40k to USD$38.3k may be the beginning of a path toward finding support on the descending wedge pattern (green band).
While $38.3k provides support (green horizontal line), support may be found around ~USD$35k (yellow circles), which coincides with the lower Bollinger band.
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。