比特幣

BTC Update! Inside bar bear break, bulls hold support by $23!

141
Wow, what a crazy day. Earlier I was watching the inside bars to see if bears would get their bear break below $7570 and then eventually below $7427. They got the bear break below $7570 and on pretty good volume for price to drop $120 in about 10 minutes. This bottomed at $7450, so holding the low of this pullback by $23. Bears were unable to get any further momentum to the downside and we are currently seeing a very nice bull move. Sticking with the daily chart here, $7933 remains level to watch for bulls to get ahead and then psychological $8k once again. But thus far on the pull back we have our low, a lower high, and today got our higher low just barely. If bulls fail to get above $7933 here it will be another lower high and this will give us a nice daily equilibrium in a fairly tight range to watch. If we do get above $7933, I would also watch our 12 EMA on daily as we rode that for support for weeks and often see what once was support then becomes resistance once we fall below it.
But the bulls definitely defended their low today and lets see if they have the steam to change trend back to their favor or if the bears reload.

Just My 2 Sats!

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。