BTCUSD - coiling up for a larger move?
G'day folks!
Following my previous analysis where I said that BTC would find support and then go up, we did exactly that, although a little bit lower than the level I expected. We actually traced down to the low of the candle that started that move, not the open. (Details ...)
Now we have see a move up and it seems that we are finding resistance under similar circumstances, the start of the candle that took us down is now playing resistance for the current move up ...
This way, BTC is trading in an ever decreasing range, coiling up for a bigger move. Will that move be up or down?
Most people seem to think that it should be up, and I would certainly hope that it does, but I do not exclude a test of the 9.2k level as I outlined previously.
What do you think? Leave your comments below!
PS: Don't you just love the new gradient background option? I call this background "Raspberry Velvet" :D
#TradeSafe #DYOR #NFA
Following my previous analysis where I said that BTC would find support and then go up, we did exactly that, although a little bit lower than the level I expected. We actually traced down to the low of the candle that started that move, not the open. (Details ...)
Now we have see a move up and it seems that we are finding resistance under similar circumstances, the start of the candle that took us down is now playing resistance for the current move up ...
This way, BTC is trading in an ever decreasing range, coiling up for a bigger move. Will that move be up or down?
Most people seem to think that it should be up, and I would certainly hope that it does, but I do not exclude a test of the 9.2k level as I outlined previously.
What do you think? Leave your comments below!
PS: Don't you just love the new gradient background option? I call this background "Raspberry Velvet" :D
#TradeSafe #DYOR #NFA
Check out my FREE indicator scripts:
► tradingview.com/u/Nico.Muselle/
Twitter: twitter.com/NicoMuselle
► tradingview.com/u/Nico.Muselle/
Twitter: twitter.com/NicoMuselle
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。