Hello Traders!
After a month of consolidation between the local support levels of $19000 and resistance of $22800, the corrective movement began to develop.
We can assume that liquidity collection in the price range of $22800 - $26500 will be the movement's goal, where the price is now.
The structure of the higher timeframes remains downward. The trend change will occur if the price passes the resistance level of $29500 and breaks the downward sloping line.
Based on the analysis of senior timeframes and the macro situation, we can assume another wave of decline in the market. In that case, We can gain medium-term purchases on Bitcoin in parts between the price levels of $13900 - $16500.
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
After a month of consolidation between the local support levels of $19000 and resistance of $22800, the corrective movement began to develop.
We can assume that liquidity collection in the price range of $22800 - $26500 will be the movement's goal, where the price is now.
The structure of the higher timeframes remains downward. The trend change will occur if the price passes the resistance level of $29500 and breaks the downward sloping line.
Based on the analysis of senior timeframes and the macro situation, we can assume another wave of decline in the market. In that case, We can gain medium-term purchases on Bitcoin in parts between the price levels of $13900 - $16500.
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
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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。