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.
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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!
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.