readCrypto

Bitcoin -Trend (1h, 1D, 1W)

BITSTAMP:BTCUSD   Bitcoin
-1h chart-
Check if you can support 100MA.
You should also check whether you can support point 10163.
200MA rose above 9970.
There is a possibility of touching 200MA.

-1D chart-
Yesterday's candle shape is showing a decline.
We should check if today's closing price could close above 10065.54.

-1W chart-
However, if we look at the MACD and RSI, it is just beginning to rise.
However, it seems uneasy because it is out of 5MA.
I think there is a good chance that prices will be maintained near your current position to relieve this anxiety.

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We talked about what is shown in the chart.
However, when I look at the market as a whole, I think it's just a short break before rising above $ 10,000.

I think you're showing a "Pull back" pattern.

The most important thing to note here is the downtrend line.
The uptrend line is also important.
If you do not fall below these two trendlines, you will eventually be compensated for the sharp rise.

[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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