My latest Noob look at BTC
Following on from my first idea, BTC is still following the inverted head and shoulders pattern. This latest drop is because of some heavy resistance. I have tried to keep all my support and resistance lines in, so it may look busy and confusing, but so far BTC is following them. I am slightly bullish as the MACD is turning up now, as well as the RSI. The only concern is the low trading volumes. I read somewhere that this may be a bull trap.
Time will tell.
Time will tell.
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.