BitcoinAtualizado Another run down to 9200 to 9000ish level?
I am still new to TA so I welcome any advice or criticisms.
On the 4 hour there is a head and shoulder pattern that targets the 9000-9200 range. Volume is decreasing and there is a lot of resistance at the long term trend line, the neckline of the H&S, and also the Senkou A. So I'm doubtful that it has the strength to push through. The Kumo has also recently twisted bearish.
So this may just be a retest of the H&S neckline.
A bullish argument is that it looks like the MACD is about to crossover.
On the 4 hour there is a head and shoulder pattern that targets the 9000-9200 range. Volume is decreasing and there is a lot of resistance at the long term trend line, the neckline of the H&S, and also the Senkou A. So I'm doubtful that it has the strength to push through. The Kumo has also recently twisted bearish.
So this may just be a retest of the H&S neckline.
A bullish argument is that it looks like the MACD is about to crossover.
Nota
Also not the recent kumo twistNota
Price is now below the Kumo cloud
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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.