Technical Analysis and Outlook:
In last week's trading session, the Bitcoin market experienced wild gyrations between Mean Support 106500 and the critical Mean Resistance level of 113500, as the price is currently actively fluctuating between the two.
Current market analysis indicates an initial recovery towards the Mean Resistance level of 113500, with the potential for further upward movement to the Mean Resistance level of 116000. However, it is crucial to acknowledge the possibility of a reversal at these resistance levels, which could extend to continue the Progressive In Force Retracement trend.
In last week's trading session, the Bitcoin market experienced wild gyrations between Mean Support 106500 and the critical Mean Resistance level of 113500, as the price is currently actively fluctuating between the two.
Current market analysis indicates an initial recovery towards the Mean Resistance level of 113500, with the potential for further upward movement to the Mean Resistance level of 116000. However, it is crucial to acknowledge the possibility of a reversal at these resistance levels, which could extend to continue the Progressive In Force Retracement trend.
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.