Bitcoin doesn't look as though it has the clout on this trip to break the downward trend channel. Whilst it looked for a while like it was breaking out, volume pushed it back in check showing signs of bull weakness on a clear bull set-up.
My view is that we will revisit the dotted upward sloping trend of this break up (around 9750) to retest. A convincing retest and rejection there should give enough pressure to move north again and break the channel. A cut through at 9750 level will likely lead to falls back down the channel. I wouldn't be calling doom there yet though (4800). Anything around 6400 to 6800 would create a great HL bull set-up. That's all a long way off for the moment, my eyes on 9750.
My view is that we will revisit the dotted upward sloping trend of this break up (around 9750) to retest. A convincing retest and rejection there should give enough pressure to move north again and break the channel. A cut through at 9750 level will likely lead to falls back down the channel. I wouldn't be calling doom there yet though (4800). Anything around 6400 to 6800 would create a great HL bull set-up. That's all a long way off for the moment, my eyes on 9750.
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。
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。