BTCUSD (Bitcoin) - Technical analysis
Context : Following previous analysis https://www.tradingview.com/chart/BTCUSD/ZX3MR5hA-BTCUSD-Stuck-in-Range-Pattern-below-61200/ the BTCUSD reached the downside target (consolidation) at 43000. Now a new upside move is expected after having shaped the Wave IV consolidation pattern.
Key element:
- RSI shows divergance
- 39/43K key elliot wave target + fibo support
- 54375 key resistance (confirmation level) = target 1 to 3 days
Conclusion
Turn Bullish above 39K/43K to play new test of previous highs by surpassing 54375 short-term target. Only a clear break above 54375 would lower the downside risk
Context : Following previous analysis https://www.tradingview.com/chart/BTCUSD/ZX3MR5hA-BTCUSD-Stuck-in-Range-Pattern-below-61200/ the BTCUSD reached the downside target (consolidation) at 43000. Now a new upside move is expected after having shaped the Wave IV consolidation pattern.
Key element:
- RSI shows divergance
- 39/43K key elliot wave target + fibo support
- 54375 key resistance (confirmation level) = target 1 to 3 days
Conclusion
Turn Bullish above 39K/43K to play new test of previous highs by surpassing 54375 short-term target. Only a clear break above 54375 would lower the downside risk
註釋
WARNING !!The is a global risk off mode on going on crypto with ETH to 2300 and some shitcoin in struggle.
Only 46000 reintegrated fast would lower a direct downisde risk.
Conviction to see a strat of strong upside move from here is low, below 39K in case of clear break we go to 28200...
TAKE CARe - don't use marging
交易結束：達到停損點
CIO & Head of market research (Automata - Vancelian)
vancelian.com/en
vancelian.com/en
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CIO & Head of market research (Automata - Vancelian)
vancelian.com/en
vancelian.com/en
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。