Technical Analysis and Outlook:
In the last trading session, the Bitcoin market experienced a substantial drawdown, continuing a trend observed over the past week. The price has reached the Outer Coin Dip at 88,500. In light of these difficulties, the price has subsequently declined to the Mean Support level at 83,000, while trading activity is now focused on identifying the next Outer Coin Dip at 78,500. Notably, the price has remained below the upper boundary of the Mean Resistance at 93,000. Considering the current trading dynamics, a potential intermediate rebound towards this resistance level appears plausible. However, it is essential to recognize the possibility of a considerable rebound occurring once the Outer Coin Dip target of 88,500 is attained.
In the last trading session, the Bitcoin market experienced a substantial drawdown, continuing a trend observed over the past week. The price has reached the Outer Coin Dip at 88,500. In light of these difficulties, the price has subsequently declined to the Mean Support level at 83,000, while trading activity is now focused on identifying the next Outer Coin Dip at 78,500. Notably, the price has remained below the upper boundary of the Mean Resistance at 93,000. Considering the current trading dynamics, a potential intermediate rebound towards this resistance level appears plausible. However, it is essential to recognize the possibility of a considerable rebound occurring once the Outer Coin Dip target of 88,500 is attained.
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.