We recently hit a big resistance level at the ATH trend line from $20k. Initially the awesome Daily momentum was thought to be strong enough to keep pushing us to new highs into the Ichimoku cloud. Sadly a nasty looking doji was left on the Daily so a more bearish action is to come on a larger time frame.
The 4 hour chart has some past weekly pivots that the price missed and typically it is said those price levels will be revisited. So $9,323 and $7,714 are good price targets using current S/R levels.
As for price targets I have looked at several different types of charts and indicators and there is a lot of confluence on the $9,000 area. Weekly Pivot in green is at about $8600.
The 4 hour chart has some past weekly pivots that the price missed and typically it is said those price levels will be revisited. So $9,323 and $7,714 are good price targets using current S/R levels.
As for price targets I have looked at several different types of charts and indicators and there is a lot of confluence on the $9,000 area. Weekly Pivot in green is at about $8600.
Trade chiuso manualmente
We ended up falling down a bit more with some big Judas candles from Bitfinex helping with getting the momentum going. After the big drops the TA has been a bit strange so I am calling this Trade Plan done. I am seeing a BUY signal (green circle) on the 4h chart and since the TA is a bit messy I want to see if it is good or a false signal.Pubblicazioni correlate
Declinazione di responsabilità
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.
Pubblicazioni correlate
Declinazione di responsabilità
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.