My First Bitcoin Basic Technical Analysis
The 4 Basics:
1. Swing: in white line.
2. Trend: in yellow line.
3. Support & Resistance: Blue and Red lines.
4. Supply & Demand: in rectangles.
Summary:
The current trend is bearish after failing to break above $60000 and failing to maintain above $46000. A good buy opportunity between $28000 - $30000 especially if there is a rebound. However, a high probability of another market crash if the price drops below $28000 up to $16000 as the next support line.
1. Swing: in white line.
2. Trend: in yellow line.
3. Support & Resistance: Blue and Red lines.
4. Supply & Demand: in rectangles.
Summary:
The current trend is bearish after failing to break above $60000 and failing to maintain above $46000. A good buy opportunity between $28000 - $30000 especially if there is a rebound. However, a high probability of another market crash if the price drops below $28000 up to $16000 as the next support line.
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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.