Dumping? Or Time to Buy The Dip?
Weekly Time-frame
Bitcoin about to touch the previous low of $37,000 before it pumps to $45,000! Order block waiting at $35,400 also a bouncing area if $37,000 breaks. Greed and Fear index is back to #22 which is Bullish for the Bitcoin.
1D Time-frame
Bouncing Area in 1D Time-frame is $37,118, rejection area of $42,000.
Awesome oscillator is now continuing with its up-trend. so we can see the bottom soon. We got rejected in the cloud now we are below the cloud again consolidating in the support area.
4H Time-frame
Order Block is waiting at $37,118 as an entry for long. FIB lines area supporting this support resistance area.
AO is still in retracement, no sign of bullish yet in 4H TF. we can expect more to the downside.
We will discuss more on the possibility on our Live. Stay tune and check with us!
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Disclaimer: Above Technical Analysis is pure educational information, not Investment Advice. The information provided on this post does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.
Bitcoin about to touch the previous low of $37,000 before it pumps to $45,000! Order block waiting at $35,400 also a bouncing area if $37,000 breaks. Greed and Fear index is back to #22 which is Bullish for the Bitcoin.
1D Time-frame
Bouncing Area in 1D Time-frame is $37,118, rejection area of $42,000.
Awesome oscillator is now continuing with its up-trend. so we can see the bottom soon. We got rejected in the cloud now we are below the cloud again consolidating in the support area.
4H Time-frame
Order Block is waiting at $37,118 as an entry for long. FIB lines area supporting this support resistance area.
AO is still in retracement, no sign of bullish yet in 4H TF. we can expect more to the downside.
We will discuss more on the possibility on our Live. Stay tune and check with us!
Want more insights before US market open? Hit Like, Share, and Subscribe for more daily trading tutorial & cryptocurrency news
Trade Scholar, the best cryptocurrency educational community online!
Find the content above difficult to understand?
Feeling lost about how to trade?
Want to learn how to do your Own Price Prediction?
We endeavour to share you our investment knowledge & experience in order to help you starting your path to financial freedom. Follow, Subscribe & Join our Community to trade together!
Disclaimer: Above Technical Analysis is pure educational information, not Investment Advice. The information provided on this post does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.
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