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Yesterday's decrease caused the price to fall back within the $7150 - $6650 trading range. While it initially found some support above the midpoint of the range, it fell below afterwards. The bearishness is strengthened by the possible bearish cross between the 50- and 200-period moving averages (MA), otherwise known as a death cross.
An almost identical movement occurred on April 11. The price had increased above the resistance of the range, only to fall back inside it shortly afterwards. After the death cross occurred, the price moved upwards all the way to the resistance line, only to drop sharply afterward.
If the same movement transpired this time around, the BTC price would increase and touch the resistance line only to fall towards support afterward.
Yesterday's decrease caused the price to fall back within the $7150 - $6650 trading range. While it initially found some support above the midpoint of the range, it fell below afterwards. The bearishness is strengthened by the possible bearish cross between the 50- and 200-period moving averages (MA), otherwise known as a death cross.
An almost identical movement occurred on April 11. The price had increased above the resistance of the range, only to fall back inside it shortly afterwards. After the death cross occurred, the price moved upwards all the way to the resistance line, only to drop sharply afterward.
If the same movement transpired this time around, the BTC price would increase and touch the resistance line only to fall towards support afterward.
노트
The fractal going as planned. Let's see if we get a touch of the resistance line.
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.