The big corridor of Support (29,5000) / resistance (35,000) update!
The current small multiyear resistance line in 32,000 holds some strength. However, all indicators show that the support was strong and a new attempt will follow soon.
Expecting another bounce to 32,000 resistance followed a slight tick down. After that once momentum has gathered we should see the break of 32,000 and BTC price towards 35,000 multiyear resistance.
35,000 is extremely strong resistance and high volatility is expected.
Positive outlook: When macro indicators like DXY, Stocks, and FED allow some strength for markets, we can expect a 35,000 break and towards the major downtrend line. There should not be any talk of trend reverse as this needs to be validated by bounces that follow.
Negative outlook: 35,000 and break can be a form of exit liquidity creation for institutions. All eyes are on institutional holdings, money in-out flow, and futures. If exit liquidity is the game then this will be a dead cat bounce that leads towards deeper lows.
The current small multiyear resistance line in 32,000 holds some strength. However, all indicators show that the support was strong and a new attempt will follow soon.
Expecting another bounce to 32,000 resistance followed a slight tick down. After that once momentum has gathered we should see the break of 32,000 and BTC price towards 35,000 multiyear resistance.
35,000 is extremely strong resistance and high volatility is expected.
Positive outlook: When macro indicators like DXY, Stocks, and FED allow some strength for markets, we can expect a 35,000 break and towards the major downtrend line. There should not be any talk of trend reverse as this needs to be validated by bounces that follow.
Negative outlook: 35,000 and break can be a form of exit liquidity creation for institutions. All eyes are on institutional holdings, money in-out flow, and futures. If exit liquidity is the game then this will be a dead cat bounce that leads towards deeper lows.
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.
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.