UnknownUnicorn1615160

Clean and Simple

做空
COINBASE:BTCUSD   比特币
This is not really a technical analysis publication. I just wanted to put somethings in perspective as to how bad this downturn is. We will more than likely need another retest of the recent lows for a further bull run to be intact. Why? Because we haven't seen such a sharp back under the 200 MA in recent Bitcoin history. At least not in the past 3 years. Unfortunately the 20,50,200 EMA used to act as lines of support and now they have flipped to resistant. Obviously these resistant values will change slightly as the time scales increase, but it gives a general idea where we will see some possible pullback. Use Fib retracement to get more zero'd in on a higher probability of levels of resistance and support.

Again, this is not really a TA approach. Just wanted to publish something from a 30,000 feet. The bulls have a lot of work to do for a trend reversal is what we know and it's probably not coming as soon as we hoped.
免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。