Has Bitcoin Topped...End of the 4year Cycle?
As indicated in previous Updates:
1) Immediate Support
A)W50ema, currently at ~$100k (since it is a moving, it could be higher in the next few weeks)
B)The 50% fib retracement $97k
If the above supports are reached, the W21ema will become the ultimate resistance.
2) Marco support:
Macro Support is the W100ema/M21ema currently at 87-83k.
If/when price gets to this stage, the W21ema will also be the resistance to look for.
Note:
For the bearish downtrend to be invalidated, price must regain the W21ema and the Wmacd must get back positive.
As indicated in previous Updates:
1) Immediate Support
A)W50ema, currently at ~$100k (since it is a moving, it could be higher in the next few weeks)
B)The 50% fib retracement $97k
If the above supports are reached, the W21ema will become the ultimate resistance.
2) Marco support:
Macro Support is the W100ema/M21ema currently at 87-83k.
If/when price gets to this stage, the W21ema will also be the resistance to look for.
Note:
For the bearish downtrend to be invalidated, price must regain the W21ema and the Wmacd must get back positive.
Pubblicazioni correlate
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.