Bitcoin last week completed a bearish shark and fell.
It then formed a 5-0 pattern.
This week, i am predicting a retest of 10k level to complete a bearish bat.
This 10k level is really tough to overcome, i think it will need multiple tries before it finally breaks cleanly above this level.
When the bat completes, i might look to short it again, but currently at this price level, I am long bias.
Hope you guys enjoy my analysis, if you understand mandarin, i do weekly market analysis on my website, you can check them out.
Good luck n good trading for next week!
It then formed a 5-0 pattern.
This week, i am predicting a retest of 10k level to complete a bearish bat.
This 10k level is really tough to overcome, i think it will need multiple tries before it finally breaks cleanly above this level.
When the bat completes, i might look to short it again, but currently at this price level, I am long bias.
Hope you guys enjoy my analysis, if you understand mandarin, i do weekly market analysis on my website, you can check them out.
Good luck n good trading for next week!
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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.