H4 time frame.
Structure: Uptrend.
The upside momentum is waning as the price approaches the critical resistance at 50000.
In the bullish case, a clear move, as well as important confirmation, is needed to avoid a false breakout as the current bullish momentum is very weak.
There is a high probability that the price will continue to move the Sideway between 46000 and 49000.
Here wait for the sell signals down to the 46000 support until there is a clear breakout and confirmation.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!
Structure: Uptrend.
The upside momentum is waning as the price approaches the critical resistance at 50000.
In the bullish case, a clear move, as well as important confirmation, is needed to avoid a false breakout as the current bullish momentum is very weak.
There is a high probability that the price will continue to move the Sideway between 46000 and 49000.
Here wait for the sell signals down to the 46000 support until there is a clear breakout and confirmation.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。