oguz1121

bitcoin pull back or trend continuation

BINANCE:BTCUSDT   Bitcoin / TetherUS
Bitcoin

Positive
Volume along with volatility may produce a huge candle break of current resistance within this ascending triangle . We need a confirmation above 5400 before we can begin to believe that theres gas left for a leg up 1st target.

Negative
Btc may enter reaccumulation zone giving a break to the bulls but bulls will still maintain control above 4180 before another push towards $5000 to retest rejection zone. bearish divergence clearly present on the rsi 4 hr chart along would double top may prove handy for bears.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out