Bitcoin LOVES Decembers ✅

Zaktualizowano
Hi Traders, Investors and Speculators of Charts📈📉

Although BTC is heavily overbought in the weekly timeframe, Bitcoin has previously proven it can trade overbought for many weeks before a large pullback. Often, this is when the biggest increase happen percentage wise (after the first Overbought signal).

Decembers are usually green months for BTC, this is another confirmation that we may see more increase. The technical indicators in all timeframes are also flashing bullish, meaning another push upwards is likely for this week.

The Bollinger Bands can be a great strategy for identifying potential bounce- and rejection zones.

Incase you missed it! The latest ETH updates are here👇:
Elliot Theory - Why I'm BULLISH on ETH



_______________________


📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍



We thank you for your support !
CryptoCheck

BTCUSD BTCUSD BTCUSD BTCUSD BTCUSDT
Transakcja zamknięta: osiągnięto wyznaczony cel
BTC: After another push upwards, I'm expecting sideways trading at this zone :
snapshot
Could see altcoins catch-up to BTC here.
Uwaga
Blue/red candle in the 3D is overdue so take note.
Uwaga
Thinking we go sideways here for a while:
snapshot
Uwaga
Friendly reminder that this is possible, it will still be bullish, it will still be higher lows:
snapshot
Uwaga
Key bounce zones to watch:
snapshot

Using Bollinger Bands on smaller timeframes will be very helpful for short term swings.
Uwaga
Seems like we may be repeating this sideways trading for a few days:
snapshot
Uwaga
Watching the weekly close on BTC, above or below the support zone:
snapshot
Uwaga
Expecting continued range trading from BTC for the next few days:
snapshot
Uwaga
Looking for promising altcoins to invest in 2024? Find our TOP 20 here:
ALTCOINS - BEST Coins to Watch, Altseason 2024
Bitcoin (Cryptocurrency)bitcoinlongbitcoinusdBTCbtcupdateBTCUSDbtcusdanalysisBTCUSDTbtcusdtlongFibonacciTechnical IndicatorsTrend Analysis

Discord Server
discord.gg/xHJRka3

Cryptocheck Website
thecryptocheck.com

SoftQuant Website
softquant.io

Powiązane publikacje

Wyłączenie odpowiedzialności