Today's focus Bitcoin
Pattern – LH - Descending Triangle
Possible targets – 29,664
Support – 27,200 – 27,000
Resistance – 29,664 – 30,460
Indicator support – MA sloping down
Today’s video analysis is on Bitcoin after yesterday’s drop. Are we seeing a new momentum shift with a new LH or has price started to consolidate in a new price pattern? We have set out a few scenarios and breakdown the levels we are watching.
Is it just sheer coincidence or did JP Morgan’s rescue of First National pull the hedge rug out from under Bitcoins feet?
Thanks for stopping by. Good trading, and have a great day.
Pattern – LH - Descending Triangle
Possible targets – 29,664
Support – 27,200 – 27,000
Resistance – 29,664 – 30,460
Indicator support – MA sloping down
Today’s video analysis is on Bitcoin after yesterday’s drop. Are we seeing a new momentum shift with a new LH or has price started to consolidate in a new price pattern? We have set out a few scenarios and breakdown the levels we are watching.
Is it just sheer coincidence or did JP Morgan’s rescue of First National pull the hedge rug out from under Bitcoins feet?
Thanks for stopping by. Good trading, and have a great day.
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.
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.