3D timeframe is not as important as W, but much more accountable than 1D though when using it in our technical analysis
Let´s see what we have on here:
1. Stable descending trendline since 09.11.2021 2. Oversold 3. Negative volume bars descending 4. MACD ready to cross bullishly 5. VMCipher bottoms and confirmed blue flag (historically always led to rally - 110% by 07.21, 600% by 11.20, also in 2018 despite being in the bear market it led to 20-30% pump twice, go and figure it yourself)
So what we need: 1. Next 3D candle to be green and to close not below 38000 2. Ideally 41500 close 3. 44000-45000 would be insanely bullish short term
What we can expect then: 1. Pullback to 47000 2. 50000 3. 60000
If we just break 47000 and retest is as a support, it will be a chance for the recovery of bull market imho.
Stay safe, trade safe
DISCLAIMER: not a financial advice, just my personal perspective of the market
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.
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.