WIF has just broken below the 200 EMA on the H4 timeframe and reacted to an imbalance area.
From here, it’s possible for a pullback to form in an ABC pattern with low volume on the upward move, potentially testing the resistance zone where the 200 EMA may also act as resistance.
Looking at the BTC chart, there’s still room for further downside, which supports our thesis.
Using the RSI across the M15 and H1 timeframes to identify overbought areas with divergence could serve as the entry trigger.
Let’s see what this week brings!
From here, it’s possible for a pullback to form in an ABC pattern with low volume on the upward move, potentially testing the resistance zone where the 200 EMA may also act as resistance.
Looking at the BTC chart, there’s still room for further downside, which supports our thesis.
Using the RSI across the M15 and H1 timeframes to identify overbought areas with divergence could serve as the entry trigger.
Let’s see what this week brings!
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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。