Bitcoin has shot up from our support area to our major resistance area perfectly before reversing once again. We’re seeing strong support once again at 15455 (38.2% Fibonacci retracement, 61.8% Fibonacci extension, horizontal overlap support, bullish price action, bullish divergence) and a strong bounce could occur at this level to drive price up to our major level of resistance at 17929 (Fibonacci retracement, horizontal overlap resistance). Our next major level of support is at 13902 (Fibonacci retracement, horizontal swing low support).
Stochastic (34,5,3) is seeing major support at 12% and we’re also seeing bullish divergence vs price which could be a precursor to a bounce.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Stochastic (34,5,3) is seeing major support at 12% and we’re also seeing bullish divergence vs price which could be a precursor to a bounce.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
