Bitcoin opened bearish today, and this outlook remains as long as we trade below 110,900.
At 110,300 we still have a naked POC from September 2nd, which should act as support. Since this level often acts like a magnet, I expect we might revisit it. It is important that this level holds – otherwise, a quick move down toward 108,600 could follow, which I see as the next real support.
If we somehow manage to reclaim 112,000, the picture flips back to bullish. In that case, a test of the naked POC at 113,000 would be the target, where I expect strong rejection.
At 110,300 we still have a naked POC from September 2nd, which should act as support. Since this level often acts like a magnet, I expect we might revisit it. It is important that this level holds – otherwise, a quick move down toward 108,600 could follow, which I see as the next real support.
If we somehow manage to reclaim 112,000, the picture flips back to bullish. In that case, a test of the naked POC at 113,000 would be the target, where I expect strong rejection.
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.