BTC: Descending Wedge + Divergence
Since the drop on August 14th, Bitcoin has been forming a descending wedge pattern with bullish divergence on multiple time frames.
On this 3-day chart, we can see that this support zone has very strong buying power. Whales are absorbing that zone.
A successful break to the upside should retest the 22.5K resistance area in the coming weeks.
Bearish if the daily closes below 17.6K.
On this 3-day chart, we can see that this support zone has very strong buying power. Whales are absorbing that zone.
A successful break to the upside should retest the 22.5K resistance area in the coming weeks.
Bearish if the daily closes below 17.6K.
註釋
Bitcoin attempting a break now.註釋
Beautiful short squeeze!註釋
Trend line has been broken, just as charted above on October 13th.
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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。