Bitcoin and CME Futures Chart Review Update #13 ?

in btc •  2 months ago  (edited)

Bitcoin chart review





BTC and CME Futures Chart Published By Philosof at Tradingview

Comment: Uncertainty in BTC chart. Rising wedge, falling volume, doji candles with occasional stop hunting. Scuba diving Fear and Greed index. All that makes any kind of forecasting equal to fortune telling on coffee grounds now. What is clear, Monday should bring some big volatility, and we have a wide range from 5300 to 8550, both realistic to hit within couple of days. Also remember about CME futures gap at 8280-9060.

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Resistance: 7170 - 7550 - 7800 - 8550
Support: 6420 - 6200 - 5870 - 5300

Fear & Greed index: 12 (<= 12 <= 14 <= 14 <= 12 <= 12)
BTC Dominance: 65.2% (<= 65.2 <= 65.5 <= 65.3 <= 64.8)
24h Volume: $109 billion (<= 120 <= 150 <= 130 <= 106 <= 116)

#BTC #Bitcoin


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