Bitcoin CMP $70690
The beauty of looking at various asset classes is that they rise and fall together. In my view the correction in the crypto is over.
Elliott- The v waves within the C wave is done. Hence to me this correction is over.
Fib- The crypto reversed just shy away from the 59K which is the confluence zone on the chart.
Trendline- the same area is also supported with a trendline. Hence the zone is a strong strong support.
Oscillators- All the oscillators are at support. This is yet another indication of strength.
Bar - the daily chart is showing a railway track which is a directional signal.
Capitulation- the huge volume on the bottom is indicating capitulation.
Conclusion- yesterday it was silver that bounced back strongly and bitcoin too which is indicating a reversal.
The beauty of looking at various asset classes is that they rise and fall together. In my view the correction in the crypto is over.
Elliott- The v waves within the C wave is done. Hence to me this correction is over.
Fib- The crypto reversed just shy away from the 59K which is the confluence zone on the chart.
Trendline- the same area is also supported with a trendline. Hence the zone is a strong strong support.
Oscillators- All the oscillators are at support. This is yet another indication of strength.
Bar - the daily chart is showing a railway track which is a directional signal.
Capitulation- the huge volume on the bottom is indicating capitulation.
Conclusion- yesterday it was silver that bounced back strongly and bitcoin too which is indicating a reversal.
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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。