Looking at the 1hr chart it looks like Bitcoin has been rounding up it's pups and is ready to make a break for it.
The measured move up would give us a target above the red resistance box. I'll be looking for a back test to flip it to support if we get up above $35,500 again.
If we break down then I will be looking at several areas for support, the first being the .5 to .618 Fib retrace of the last move. About $32,200 would be my target for the downside and I'd be looking for a hard bounce from there.
Here is the daily chart. Is that an inverted head and shoulders?
If you twist my whiskers I'll admit my bullish bias.
The trend is our friend until it ends!
Owhooooo!
The measured move up would give us a target above the red resistance box. I'll be looking for a back test to flip it to support if we get up above $35,500 again.
If we break down then I will be looking at several areas for support, the first being the .5 to .618 Fib retrace of the last move. About $32,200 would be my target for the downside and I'd be looking for a hard bounce from there.
Here is the daily chart. Is that an inverted head and shoulders?
If you twist my whiskers I'll admit my bullish bias.
The trend is our friend until it ends!
Owhooooo!
註釋
RAOWFF! 註釋
A back test on the 4hr (or 1hr) or a continuation of the measured move?註釋
The very rare Sleeping Dragon...we all know what happens when it awakens! Owhooooo!
註釋
註釋
The dragon is awake! $37,900 I think is the next stop!
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。