Daily chart of BITCOIN looks scary!
In addition to divergence indicators, BTC lost all supports, from oblique support-lines (dotted black lines) to MA21 plus MA50, and now is breaking down the support of its ascending channel which held the lower price for over 3 months!
If the daily candle closes below the ascending support ... OH DEAR LORD ... the next stop will be 48K (1.618 FIBO) and if not get enough support, will retest the local horizontal support at 45K. So be very cautious and alert about your positions. It's better not to open any positions at all within couple of days or so ...
Trade Safe
In addition to divergence indicators, BTC lost all supports, from oblique support-lines (dotted black lines) to MA21 plus MA50, and now is breaking down the support of its ascending channel which held the lower price for over 3 months!
If the daily candle closes below the ascending support ... OH DEAR LORD ... the next stop will be 48K (1.618 FIBO) and if not get enough support, will retest the local horizontal support at 45K. So be very cautious and alert about your positions. It's better not to open any positions at all within couple of days or so ...
Trade Safe
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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。