Bitcoin
Corto
Actualizado

Bitcoin - Look above and fail? or Look below and fail?

134
Interesting inflection poin here on the Bitcoin hourly chart. We initially had a look above range and fail which prompts a trip to the opposite end of the range and now have done the same on the opposite side. We need to look to the slightly bigger picture and we can see boxed off the initial look above and fail was the beginning of the next leg lower. The price projection would be an equal range to the first green box.

This is welcomed news for equity bears to see any type of liquidation as it can prompt liquidation in other assets as well.
Nota
still valid

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.