Daily chart: bitcoin maintains a downward trend, and sellers-medium-term pressure in the direction of the lower Bollinger band (3439.79)
.jpg)
H4: strong local resistance in the middle Bollinger band (4009.45) is able to send the market into a new decline to 3520.07.
H1: within the day the bulls have support in the area of 3862.87 (the middle Bollinger band), which allows us to consider short-term purchases to 4077.39 (the upper band).
In the event that sellers sell support 3862.87, there will be prerequisites for a new wave of decline in the direction of 3642.20 (see red arrow).
Expectations: the Main scenario is an increase to 4077.39 and then a new decline to 3862.87.
An alternative scenario is a decline to 3642.40
Trading decision:
- Short-term purchases to 4077.39.
- Sales from the zone to 4077.39 3862.87.
- Sales on breakdown 3862.87 to 3642.40.
Congratulations @criptomir! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
Click here to view your Board of Honor
If you no longer want to receive notifications, reply to this comment with the word
STOP