Today, BTC has finally reached its first bearish target on COINBASE. The price is currently printing an exhaustion point S13.
On BITSTAMP, this same exhaustion point is still at $7.470. (There is a countdown shift between the 2 platforms so it is difficult to rely on a single target.)
Yet, the COINBASE exhaustion point remains a valid entry point to test a long. It also coincides with multiple exhaustion points on the 6H chart (S13-A13-C13) We should hence, observe a bounce in the next hours
Warning Points:
On the 4H chart, the bearish countdown has just reset indicating a possible bear continuation If the bounce is able to mark a candle's low above 8508 or complete a new Sell SETUP, then we could get rid of it.
On the 12H chart, the next exhaustion Point S34 is also matching the BITSTAMP exhaustion Point S13 at $7.470.
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.