Bitcoin - The Line to Watch in the Next Few Hours

2020年11月27日

If BTC can close below the orange trendline on the 8hr candle, we should see further downward price action.
If not, we will likely see a small pump, then head back to test the green trendline again before continuing the bull run up.
However BTC has also reached the end of a large Elliott Wave and it would be good to see a more healthy, prolonged correction.

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2020年11月28日

註釋

Previous line was slightly low, I have raised it up. Regardless we still closed above it and are now teetering on top, it's clearly not a strong support so we'll see what happens from here