blaiddyn23

Bullish Cypher in the making?

BYBIT:BTCUSD   None
This is just an idea, nothing too serious yet at least. There's resistance at around $8680 which just so happens to be at the 1.130 fib extension of the C leg of the bullish cypher. If the price gets up to the $8680 area and doesn't close above it, we will most likely see class A bearish divergence and retrace down to around the $7250 area which would be the entry for for this pattern. Let's see what happens.
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.