Between 19th and 31st of July a bearish M-pattern was created, followed by massive drop.
In the recent days we see a bullish W-pattern building and once it is finished the probability for a long entry is high, with a profit target at 72K.
Additionally BTC is building the pattern after the RSI has already broken the 14 days SMA.
An additional RSI-divergence with the double bottoms of the W-pattern would be nice though.
In the recent days we see a bullish W-pattern building and once it is finished the probability for a long entry is high, with a profit target at 72K.
Additionally BTC is building the pattern after the RSI has already broken the 14 days SMA.
An additional RSI-divergence with the double bottoms of the W-pattern would be nice though.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.