When we look at Bitcoin on a weekly basis :
Note :
CIX index of all major crypto currency movements in the overall market in terms of showing us can show sufficient sensitivity.
Breaking the channel from either side shows clearly that the trend will be severe considering the support resistance conditions.
You can also see my position about Bitcoin in related ideas.
Best regards !
- IF Bitcoin persists on the support and the CIX 100 Index breaks the channel upward, which can bring a sharp rise towards resistance (10243).
- IF Bitcoin persists below 6400s and the CIX 100 index moves to the channel or below the channel, (which indicates a large money exit if channel breakdown), then a drop to the 4000 levels can be expected.
Note :
CIX index of all major crypto currency movements in the overall market in terms of showing us can show sufficient sensitivity.
Breaking the channel from either side shows clearly that the trend will be severe considering the support resistance conditions.
You can also see my position about Bitcoin in related ideas.
Best regards !
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Visit our website for information on our invite-only private scripts, long-term backtesting results, and six-month free trial and evaluation period :
bit.ly/4j4sANJ
Email : contact@noldoresearch.com
bit.ly/4j4sANJ
Email : contact@noldoresearch.com
Похожие публикации
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.