BitcoinLong
BTC rally?
If BTC can break above 19.7k there's a good chance for a rally.
Bullish scenario:
We've been printing Bullish divergence in the RSI and MFI has already moved above 50.
BTC is in a descending wedge which is likely to break bullish more often than not.
If we break above 19.7k then I would be looking for 22.4 and 24.4k. BTC is in a range so I'd expect a lot of resistance above 24.4k.
Bearish scenario:
BTC gets sold off above 20k as it has been since the start of September.
A break below 18.4k has us go down to 17.1k and potentially as low as 12.9k in the most bearish scenario.
Bullish scenario:
We've been printing Bullish divergence in the RSI and MFI has already moved above 50.
BTC is in a descending wedge which is likely to break bullish more often than not.
If we break above 19.7k then I would be looking for 22.4 and 24.4k. BTC is in a range so I'd expect a lot of resistance above 24.4k.
Bearish scenario:
BTC gets sold off above 20k as it has been since the start of September.
A break below 18.4k has us go down to 17.1k and potentially as low as 12.9k in the most bearish scenario.
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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.