norok

Forecast change, more consolidation

BITFINEX:BTCUSD   比特幣
I was looking to go long on a break of resistance expecting it to begin before the weekend. No long setup materialized Wednesday. Instead of progressing upward prior to the -chart- timing elements and the perceived -fundamental- timing element of The Halvening this bar I woke up to this morning changes the forecast. It look as if we are in for more consolidation rather than a break of the last short term high around 700. This consolidation could continue for another week. I would be looking for price to break either 700 or 626 to determine sentiment.

"Be to others the person you needed to meet 10 years ago"

Discord Trading Community: discord.gg/eDfhKvS5AC
Youtube: www.youtube.com/c/NoroksNotepad
Twitter: twitter.com/noroktrade
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。