BTC rising channel on STF - 51.5k or 47.5k next move?
BTC showing classic ascending channel on the STF (1h chart)
Given the current downtrend, statistically more likely to break to the downside
Should it break to the upside, BTC will return to the bull market support band level (51.5k) where it was recently rejected
DOWNSIDE TARGET - 47.5k (More Likely)
UPSIDE TARGET - 51.5k (Less Likely)
In the event of a successful breakout above the bull market support band, with volume, and holding this as support, this would represent a very strong move for BTC.
Breakdown to 47.5k would be consistent with the current downtrend which seems likely to lead us to the 42k to 45k again within the next few days....
Given the current downtrend, statistically more likely to break to the downside
Should it break to the upside, BTC will return to the bull market support band level (51.5k) where it was recently rejected
DOWNSIDE TARGET - 47.5k (More Likely)
UPSIDE TARGET - 51.5k (Less Likely)
In the event of a successful breakout above the bull market support band, with volume, and holding this as support, this would represent a very strong move for BTC.
Breakdown to 47.5k would be consistent with the current downtrend which seems likely to lead us to the 42k to 45k again within the next few days....
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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。