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Seichō no Sato
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Seichō no Sato
@Hikari8898
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Welcome to Seichō no Sato, where I'll share simple advice about coin trading using technical analysis.
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Bearish
There's nothing special about #btcusd at the moment. It's still dropping towards the 52k area, but it might not actually reach that level. We're in wave 4 of the Elliott Wave, which is usually the most complex and tricky wave. $BTC
There's nothing special about
#btcusd
at the moment. It's still dropping towards the 52k area, but it might not actually reach that level. We're in wave 4 of the Elliott Wave, which is usually the most complex and tricky wave.
$BTC
BTC
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bitcoin
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hello guys 🤠 let's analyse BTC technical analysis. Short term, Aug 2, 2024 Bitcoin has broken through the floor of a rising trend channel in the short term. This indicates a slower rising rate at first, or the start of a more horizontal development. The currency is testing support at points 64000. This could give a positive reaction, but a downward breakthrough of points 64000 means a negative signal. Volume has previously been low at price tops and high at price bottoms. This weakens the currency. The currency is overall assessed as technically neutral for the short term. #bitcoin
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