BTCUSD is Entering a New Uptrend, but a Slowdown May Occur
In recent weeks, BTC's upward movement has not been very aggressive, and selling pressure has been consistently present.
Currently, BTC appears to be in the 5th wave of a Leading Diagonal. However, a slowdown may happen soon due to the following technical signals:
Note: Price zones are only significant areas that affect price movement.
In recent weeks, BTC's upward movement has not been very aggressive, and selling pressure has been consistently present.
Currently, BTC appears to be in the 5th wave of a Leading Diagonal. However, a slowdown may happen soon due to the following technical signals:
- The price is hitting a major descending trendline.
- The price is slowing down after encountering an FVG (Fair Value Gap) on the H4 timeframe.
- AO (Awesome Oscillator) is showing divergence, starting from smaller timeframes up to the H4.
- If a slowdown occurs, BTC may retrace to the 50% or 78.6% Fibonacci levels, which are targets for the Diagonal.
Note: Price zones are only significant areas that affect price movement.
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。