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At $ 9,165 level a GEP was formed. Most likely, and maybe tomorrow it will be closed. There are also the following reasons.
This is the double bottom on the CCI indicator. And the price is far from Moving Averages (according to the theory of technical analysis the price always comes to them.)
Now it's likely to be a small consolidation above the $ 8310 support level.
When it is formed, the further direction of Bitcoin will be more clearly seen. Therefore, the second option is possible to reduce the price to the support level at $ 8040.
_________________________________________
This analysis and more in our Telegram channel.
Also, don't forget to visit our profile.
At $ 9,165 level a GEP was formed. Most likely, and maybe tomorrow it will be closed. There are also the following reasons.
This is the double bottom on the CCI indicator. And the price is far from Moving Averages (according to the theory of technical analysis the price always comes to them.)
Now it's likely to be a small consolidation above the $ 8310 support level.
When it is formed, the further direction of Bitcoin will be more clearly seen. Therefore, the second option is possible to reduce the price to the support level at $ 8040.
_________________________________________
This analysis and more in our Telegram channel.
Also, don't forget to visit our profile.
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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。