BITCOIN - Intraday Update - 12/03/20 (Short-term)
Zaktualizowano
BITCOIN - Intraday Update - 12/03/20 (Short-term)
Bottom Line: Subdividing higher within wave iii of (iii)
Bottom Line: Subdividing higher within wave iii of (iii)
Zlecenie aktywne
Uwaga
Bottom Line: "Big picture" bullish, but the short-term picture isn't clear.A break of 20093.0 is the next upside objective for the bulls.
Analysis: Bitcoin is advance from Monday's 18140 low and needs to trend on up in an impulsive manner to support labeling 18140 as the wave (4) low. The next big upside hurdle to overcome is 19958.0. Resistance above there an "all-time high" around 20093.0.
Zlecenie aktywne
Outlook: Expecting BTC to recapture its 19958.0 high and beyond.
Analysis: The break above $19958 signals the fourth wave triangle consolidation discussed yesterday is complete, and the move puts Bitcoin back on track to challenge the next upside hurdle. The bulls are in control while $16220 - wave ii - stays intact as support.
Zlecenie aktywne
Uwaga
Analysis: No change to the outlook. The wave model calls for BITCOIN to complete a series of fourth wave patterns. We'll see if BTC can challenge the recent $19958 high as the next upside objective.Zlecenie aktywne
Breaking above $19958 is the next upside objective for the bulls.
Bottom Line: A fifth wave rally is in its early stages.
Note: Prices can vary between exchanges, and consequently there may be differences in our chart prices due to different data sets.
Zlecenie zamknięto ręcznie
Anulowano zlecenie
Powiązane publikacje
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.