Bitcoin Price is on One of Great Support Level

avatar

There is one of great support level on Bitcoin price chart. Bitcoin price is close to touch this great support level. We may see Bitcoin price supported by this support level.

Here you can see daily chart of Bitcoin price. Bitcoin price went up fast from 60K to 80K. Even it went up fast, it could not break up 82K USD level. It was important for entering bullish trend. There is still lower high pattern on Bitcoin price chart. After reversing down from this level, there is one of great support line on 75K USD. It may support Bitcoin price. It is possible to see supported by this level. If not, we will see daily huge red candles on Bitcoin price chart.

e1.PNG

Here you can see the indicators on daily chart of Bitcoin price. There is mini downtrend line on RSI Indicator. We will see breaking down mini downtrend line if we see daily green candles on Bitcoin price chart.

Fisher and MACD Indicators are close to the bottom. They may reverse up in a few weeks. It may be more possible to reversing up from these level.

e2.PNG

It may be time to watcht the market. If we have cash, we need to see the reaction after FOMC meeting. We need to wait until end of this week to make a decision.

We will see..

proofofbrain neoxian palnet cent ctp analysis bitcoin vyb posh leo
0
0
0.000
2 comments
avatar

Vi que en la segunda captura el RSI está trazando una mini tendencia bajista, tipo señal de que necesita romper para que aparezcan velas verdes xq si no, se vienen rojas. El nivel de soporte en 75 K USD parece el último punto de defensa antes de que Fisher y MACD, ya cerca del fondo, den un bounce, literal. 🤔

0
0
0.000
Reply