Long

Momentum Back for Bitcoin??

After some initial weakness, Bitcoin broke out from our corrective Elliott Wave impulse and breached a significant level at 57.7K. It met some resistance at 59.4K, which we have added as a technical level. Currently, 57.7K is providing support. The Kovach OBV is still relatively strong but has leveled off. From here it could go either way, we could see a breakdown back to 55.7K. A breakout would take us back to highs at 61.5K.

quantguy

Join my discord at discord.io/quantguy

Anche su:

Pubblicazioni correlate

Lack of Momentum in Bitcoin

di quantguy

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.