Bitcoin / TetherUSShort
Short-term direction likely downward
Break below the orange line, move lower.
Break above the horizontal red line, move higher.
I thinkBTC still has some room lower and certainly today should move lower.
Notice all the selling in the volume. Reversal not happening yet.
I do strongly believe that the lowest we will go is 19-20k. It is possible we don't get lower than 24k. Or maybe we don't even break the ~30k area. No one can know for certain. Perhaps I will document my mid-term hypothesis as well in another post.
Break above the horizontal red line, move higher.
I think
BTC still has some room lower and certainly today should move lower. Notice all the selling in the volume. Reversal not happening yet.
I do strongly believe that the lowest we will go is 19-20k. It is possible we don't get lower than 24k. Or maybe we don't even break the ~30k area. No one can know for certain. Perhaps I will document my mid-term hypothesis as well in another post.
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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.