비트코인

Gitcoin 4 hour chart - something for the weekend Sir ? UPDATE

61

Probably Not

This is a quick update to the post yesterday about the Squeeze Bitcoin is in.
And you can see it there.
PA is ranging along the -1 VWAP line, around the 2021 ATH line
And above is the descending local resistance.

And the apex is around 7th April, Tuesday
PA always reacts before Apex and so, YES, we may see a move this weekend.
Or by Monday PM CET I would imagine
No Guarantee..... But PA never really goes through an Apex with no reaction.

UP or DOWN ?
That is the Big question.
We have some Elliot wave ideas suggestion a Further Dip on smaller waves but in the 5 on larger..... but we also have Oversold BTC on a weekly timeframe and below Neutral on Daily and 4 hour

So it could go either way and we need to be ready for both possibiities but I am Steering towards a push higher.
With Stops!

Have a good weekend.....

면책사항

해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.