After a unexpected shake out few days ago. (well im facing a loss too T.T )
BTC finally calm at the support trendline and sitting at temporary support for now.
Is it safe yet? Well i think yes until tomorrow (sunday ,12 sept)
Here's my scenario. BTCUSDT will bounce but not rally.
(the reason because if you look at 4H timeframe. you'll see a bullish divergence, indicating a reversal)
It'll only bounce and will facing a rejection at the weekly resistance (around $50-51k)
then will pullback again following my arrow. So i think this month BTCUSDT will only consolidate before continuing rally to make new ATH.
So, holding for a midterm i don't think it's wise choice for now.
waddya think?
*not financial advice
BTC finally calm at the support trendline and sitting at temporary support for now.
Is it safe yet? Well i think yes until tomorrow (sunday ,12 sept)
Here's my scenario. BTCUSDT will bounce but not rally.
(the reason because if you look at 4H timeframe. you'll see a bullish divergence, indicating a reversal)
It'll only bounce and will facing a rejection at the weekly resistance (around $50-51k)
then will pullback again following my arrow. So i think this month BTCUSDT will only consolidate before continuing rally to make new ATH.
So, holding for a midterm i don't think it's wise choice for now.
waddya think?
*not financial advice
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.