Micro Bitcoin Futures
Long

MICRO BITCOIN FUTURES (MBT1!), H4 potential for bullish rise

54
Type : Bullish Rise
Resistance : 25360
Pivot: 22500
Support : 20750

Preferred Case: On the H4, with prices moving within an ascending channel and above the ichimoku indicator, we have a bullish bias that price will rise from the pivot at 22500 where the pullback support is to the intermediate resistance at 24275 in line with swing high resistance and 61.8% fibonacci projection. Once there is upside confirmation of price breaking intermediate resistance, we would expect bullish momentum to carry price to 1st resistance at 25360 where the pullback resistance, 50% fibonacci retracement, 127.2% fibonacci extension and 78.6% fibonacci projection.

Alternative scenario: Alternatively, price could break pivot structure and drop to the 1st support at 20750 where the swing low support, 61.8% fibonacci retracement and 100% fibonacci projection are.

Fundamentals: Due to the announcement by the Federal Reserve that it was raising interest rates by 0.75 percentage points, we have a bullish view on Bitcoin.

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.