BitcoinLong
Bulls control BTC againist Monthly bearish candle
Outlook:
Despite the bearish candle close on the monthly chart, which many market players are speculating about, BTC bulls are gathering their forces. When an unexpected event occurs, the reaction is amplified.
However, volatility will remain high, and taking profits is the habit of the winners.
Technical:
the orange horizontal lines represent equilibrium levels. Bullish above and Bearish below.
Despite the bearish candle close on the monthly chart, which many market players are speculating about, BTC bulls are gathering their forces. When an unexpected event occurs, the reaction is amplified.
However, volatility will remain high, and taking profits is the habit of the winners.
Technical:
the orange horizontal lines represent equilibrium levels. Bullish above and Bearish below.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.