A Bullish Sign Forming?
Target: The black line with fibonacchi extension. Around that area. Between middle of 1 and upwards to 1.618
Reason: A bullish triangle seems to have formed. Watch carefully because there is still a small chance that it will go down if it breaks the lower part. MACD will probably reverse itself within 2 days (Estimating). One last ride... Maybe, probably... Pretty overbought. From previous height to previous height, forms a horizontal line. This is where heavy resistance is (Almost the black line on top).
Time: Short term within 2 days. Keep an eye on the support from buyers.
Reason: A bullish triangle seems to have formed. Watch carefully because there is still a small chance that it will go down if it breaks the lower part. MACD will probably reverse itself within 2 days (Estimating). One last ride... Maybe, probably... Pretty overbought. From previous height to previous height, forms a horizontal line. This is where heavy resistance is (Almost the black line on top).
Time: Short term within 2 days. Keep an eye on the support from buyers.
Nota
Unfortunately, I believe bitcoin will crash again tomorrow so a little bit up bump upwards will happen.
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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.