Hello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe Bitcoin and basically the whole crypto market had a quite nice pump over the past couple of weeks.
As we are speaking Bitcoin is now retesting weekly previous resistance and is already starting the expected rejection towards the downside so I am now just waiting for a retest of the next previous support zone before then starting another push towards the upside from there.
On the daily timeframe Bitcoin is currently breaking below a previous structure area, so market structure is now bearish, but also here I am just waiting for a retest of the previous low and some bullish confirmation before Bitcoin will then create the next bullish impulse, heading for a higher high.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
https://tradingview.sweetlogin.com/chart/BTCUSDT/MCvPSzfd-Bitcoin-I-Told-You/
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe Bitcoin and basically the whole crypto market had a quite nice pump over the past couple of weeks.
As we are speaking Bitcoin is now retesting weekly previous resistance and is already starting the expected rejection towards the downside so I am now just waiting for a retest of the next previous support zone before then starting another push towards the upside from there.
On the daily timeframe Bitcoin is currently breaking below a previous structure area, so market structure is now bearish, but also here I am just waiting for a retest of the previous low and some bullish confirmation before Bitcoin will then create the next bullish impulse, heading for a higher high.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
https://tradingview.sweetlogin.com/chart/BTCUSDT/MCvPSzfd-Bitcoin-I-Told-You/
Philip - Swing Trader
Free: "Elite Trading" Community👇🏻
discord.gg/jgdrYXwqyD
#LONGTERMVISION
Free: "Elite Trading" Community👇🏻
discord.gg/jgdrYXwqyD
#LONGTERMVISION
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.
Philip - Swing Trader
Free: "Elite Trading" Community👇🏻
discord.gg/jgdrYXwqyD
#LONGTERMVISION
Free: "Elite Trading" Community👇🏻
discord.gg/jgdrYXwqyD
#LONGTERMVISION
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.