BitcoinAtualizado Will the CME Gap save BTC?
BTC /USD (Daily)
Bearish Case played out
- Possible retrace to 0.618 Fib ✅
- Wiped out many overleveraged longs. ✅
Bullish/Neutral Case
- Large CME Gap created at approx. 53.5k which will eventually get filled.
- Possible Cup and Bigger Handle
- Seem to have found Support at approx. the 49.5k area which is previous resistance now turned to support, also the 0.5Fib
- Wicked passed and bounced from the 0.618 Fib Retrace
- MACD /Signal and Histogram reversing
- VPVR shows a lot of support all the way down to approx. 45k.
- Fear And Greed Index is now 18.
Bearish Case
- VPVR shows a lot of resistance at $53.5-57k
- Below the 200EMA and has to reclaim.
- Broken out of the Re Trendline
Thoughts?
Bearish Case played out
- Possible retrace to 0.618 Fib ✅
- Wiped out many overleveraged longs. ✅
Bullish/Neutral Case
- Large CME Gap created at approx. 53.5k which will eventually get filled.
- Possible Cup and Bigger Handle
- Seem to have found Support at approx. the 49.5k area which is previous resistance now turned to support, also the 0.5Fib
- Wicked passed and bounced from the 0.618 Fib Retrace
- MACD /Signal and Histogram reversing
- VPVR shows a lot of support all the way down to approx. 45k.
- Fear And Greed Index is now 18.
Bearish Case
- VPVR shows a lot of resistance at $53.5-57k
- Below the 200EMA and has to reclaim.
- Broken out of the Re Trendline
Thoughts?
Nota
Let's see if break up from this Ascending Triangle...
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.