Short-term bullish possibility
已更新
I recognize this market as bearish. No sign of trend conversion has been confirmed yet.
However, if BTC withstands the selling pressure and safely remains on the border of the narrow gray box, a bullish dragon reversal pattern is complete that signifies a short-term relief rally.
25EMA and Ichimoku cloud on 4H timeframe are significant resistances, so there would be a slim chance BTCUSDT trades above them - but the narrow and broad red boxes are the targets from respective counterparts, i.e., the gray boxes.
If the narrow gray box support is lost, the broader one is the next.
The blue line is weak support.
This hypothesis is based on automatic calculation.
All figures are drawn automatically by indicators and scripts. So don't blame me for the number of objects.
However, if BTC withstands the selling pressure and safely remains on the border of the narrow gray box, a bullish dragon reversal pattern is complete that signifies a short-term relief rally.
25EMA and Ichimoku cloud on 4H timeframe are significant resistances, so there would be a slim chance BTCUSDT trades above them - but the narrow and broad red boxes are the targets from respective counterparts, i.e., the gray boxes.
If the narrow gray box support is lost, the broader one is the next.
The blue line is weak support.
This hypothesis is based on automatic calculation.
All figures are drawn automatically by indicators and scripts. So don't blame me for the number of objects.
註釋
I intended the above boxes to be theoretical targets.The black-rimmed box would be more convincing as an actual target.
相關出版品
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。