4-hour chart:
1. Bounced off of support @ 6000
2. Crossed resistance @ 8000
3. Upper trend line resistance (secondary)
4. Bearish pin bar
5. Upper trend line resistance (primary)
6. Weak resistance @ 9000
7. Strong resistance @ 10000
8. Momentum slowing on EFI but no bearish divergence yet
Going long might look temping but price must overcome both primary and secondary upper trend lines, as well as stay above support at 8000. The pin bar (#4) shows that the bears still have control above the secondary trend line. Bullish momentum is also slowing on the EFI.
Scenario 1: Trend overcomes support @8000. Price heads for next support @ 6000. (support might also be found @ around 7k)
Scenario 2: Price overcomes secondary trend line but cannot break primary line.
Scenario 3: The bulls overcome both trend lines. Soon after it is likely to face weak resistance at 9000. To make a higher high, Bitcoin must break 9500 and strong resistance should be expected @ 10000. A clean break of 10000 would be a good sign that the balance of power has shifted.
1. Bounced off of support @ 6000
2. Crossed resistance @ 8000
3. Upper trend line resistance (secondary)
4. Bearish pin bar
5. Upper trend line resistance (primary)
6. Weak resistance @ 9000
7. Strong resistance @ 10000
8. Momentum slowing on EFI but no bearish divergence yet
Going long might look temping but price must overcome both primary and secondary upper trend lines, as well as stay above support at 8000. The pin bar (#4) shows that the bears still have control above the secondary trend line. Bullish momentum is also slowing on the EFI.
Scenario 1: Trend overcomes support @8000. Price heads for next support @ 6000. (support might also be found @ around 7k)
Scenario 2: Price overcomes secondary trend line but cannot break primary line.
Scenario 3: The bulls overcome both trend lines. Soon after it is likely to face weak resistance at 9000. To make a higher high, Bitcoin must break 9500 and strong resistance should be expected @ 10000. A clean break of 10000 would be a good sign that the balance of power has shifted.
註釋
Secondary trend line resistance overcame support @ 8000. 註釋
Note the bearish divergence between price and EFI註釋
deadlock. so far unable to break resistance but not willing to retreat either註釋
Pushed past the secondary TL, testing the primary TL. The bearish divergence with EFI continues.
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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。