- Bitcoin showed a strong bull trend the previous day, but it is a figure that has closed down by returning all of the bull trend.
- The $41.5k-$41.9k resistance seem very strong.
- The position of the previous day's high is at the center line of the orange bull trend, so if the decline continues as it is, the possibility of a bear trend should reopen to confirm the $37k-$37.7k support.
- Since the lows have been lowered and the highs have been raised, it is possible to expect a large widening pattern or diamond pattern formation.
- Response at this point in which the resistance of $41.5k-$41.9k has not been broken above seems to be high risk. It looks good to respond after confirming support at $37k-$37.7k or breaking above the $41.9k resistance, and I think it is safe to wait and see as much as possible between $41.5k and $39.5k.
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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.