BTC D1 - KIJUN SEN HOLD !
D1 : After having broke in an intraday basis the Kijun-Sen and reached a low of 44151, BTC recovered nicely, to close @ 46315, above KS.
Global picture remains heavy.
Indeed, despite the rebound seen recently, BTC is still below Mid Bollinger Band which remains a very good "barometer" indicator as you
can see in the past.
Therefore, I still consider current price action as a CORRECTIVE MOVE ONLY... and not as a trend reversal yet.
Only a move above Mid Bollinger Band, currently @ 49644 would force to a view reassessment of the expected bearish scenario with a confirmation
on a breakout of KS (51253) and pivot resistance level @ 51530.
Watch H4 and shorter time frames to detect intermediates validation or invalidation signals.
Have a great weekend.
All the best and may your long goes up and your short goes down...
Global picture remains heavy.
Indeed, despite the rebound seen recently, BTC is still below Mid Bollinger Band which remains a very good "barometer" indicator as you
can see in the past.
Therefore, I still consider current price action as a CORRECTIVE MOVE ONLY... and not as a trend reversal yet.
Only a move above Mid Bollinger Band, currently @ 49644 would force to a view reassessment of the expected bearish scenario with a confirmation
on a breakout of KS (51253) and pivot resistance level @ 51530.
Watch H4 and shorter time frames to detect intermediates validation or invalidation signals.
Have a great weekend.
All the best and may your long goes up and your short goes down...
관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.