BARSTrading

BTCUSDT possible bearish outlook for the next year.

BARSTrading 업데이트됨   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Trying to see the past trends, this is a possible scenario that may play out. Overall outlook is bearish, as I think it is forming a H&S.

We can see a bit of bullish action around 40 - 42k to help the price back up. However, if the price does not hit the yellow zone (48 - 52K) after that, then we are likely to see downward movements. As the panic will start settling in, and the price will tumble downwards.
Around the 36.9k mark there can be one of two things: 1) The h&s formation completes, and people dump to 30k due to fear. At which point the buy orders trigger, and it becomes a struggle b/w bull and bears. 2) The 36.9 - 43k area marks a bullish trap, and price rebounds heavily and trades between 54 - 60kk (I don't believe this will happen).

If the sideways continuation happens, it is good for alts.

This is just an idea. Let's see.
코멘트:
Bottom of first support box hit. Let's hope it goes sideways and continues up.
Waiting on the second green box below - stronger support.
코멘트:
Expecting up to 44.7k soon
코멘트:
We had the quick bullish action around 40-42k as mentioned above. Now we are heading for the dump to 37.5k.
코멘트:
Chart has been following the trend well.
코멘트:
It actually might be more bearish than expected. how sad..
코멘트:
Wiped entire 6 months worth of profit. Target is 31.5k right now. Below that (or the blue box) the target is 12k
코멘트:
We might see a short 38k - 40k pump. But please don't get trapped in it thinking it will go higher. Take your time, no rush in these things.
코멘트:
Possible support around $35k-$36k building up. We might see another short lived pump after it touches $35k, but so far it's still following the chart well.
코멘트:
We will see one more week of growth till ~$41k
코멘트:
We are showing bullish signs! If it breaks 40k and goes to 41k, we are in the clear.
However, a drop from ~39k is really bad!!
코멘트:
40.8K achieved (I made the comment on Feb 1 about week of growth to ~41k). Eyes now on 38.8K
코멘트:
Now we will be stuck between 41k and 35k for a while. Alt season time
코멘트:
35k coming soon. then top ceiling is 39k
코멘트:
Update to previous comment, the ceiling is actually around 41k, and the bottom is around 37k.
We are stuck between this region
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.