BITCOIN / TETHER Standard FuturesViés de baixa
BTC looks bearish again!
Hello traders.
BTC wasn't supported well by 17250 support and sharply broke bottom of the rising channel,downside in 4h time frame.
This is a sign of BEARISH market.
There are some possible price movements:
1-Price continue to fall in a powerful way.
2-Price fall down to the SUPPORT area shown in the pic.Then a pullback to somewhere about bottom of the channel and then,continue it's bearish way to the TARGET1 and TARGET2 shown in the pic.(RECOMENDED)
3-Price get back to it's previous cycle or range where it is.
I recommend second scenario due to it's higher probability and safer situation.
Have a nice day!
BTC wasn't supported well by 17250 support and sharply broke bottom of the rising channel,downside in 4h time frame.
This is a sign of BEARISH market.
There are some possible price movements:
1-Price continue to fall in a powerful way.
2-Price fall down to the SUPPORT area shown in the pic.Then a pullback to somewhere about bottom of the channel and then,continue it's bearish way to the TARGET1 and TARGET2 shown in the pic.(RECOMENDED)
3-Price get back to it's previous cycle or range where it is.
I recommend second scenario due to it's higher probability and safer situation.
Have a nice day!
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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.