Possible behavior of Bitcoin this week - Posible comportamiento del Bitcoin esta semana

in LeoFinance3 years ago


Source

 

This week just ended I hope you have accumulated some satoshis. Again with Locabitcoin there was an opportunity to buy up to 5% below the market price, right at the new support that was formed at 42k .. as we calculated it bounced there and climbed up to the 50% fibonacci retracement resistance at 46.6k , we got up to 47.5k and there the sellers reacted as expected.

This week it seems that we will be in a range between 42k and 46.6k . We are more likely to break the 46.7k resistance, than the 42k support, and then look for the 61% Fibonacci retracement at 51 thousand usd , making it clear that even if we reach 51k, if the resistance works and bounces down, it could still be considered a major downtrend correction.

This week the range of 46.7 to 51K is crucial to define if the major downtrend is resumed or reversed, in search of new all-time highs. (64K and above).

Never risk or invest more than you can afford to lose.

 

******************

 

Esta semana que acaba terminar espero que hayan acumulado algunos satoshis. Otra vez con Locabitcoin hubo oportunidad de comprar hasta 5% por debajo del precio del mercado, justo en el nuevo soporte que se formó en 42k .. como calculamos reboto allí y ascendió hasta la resistencia del 50% de retroceso de fibonacci, los 46.6k , llegamos hasta los 47.5k y alli reaccionaron los vendedores como era de esperar.

Esta semana parece que estaremos en un rango entre los 42k y 46.6k . Hay más probabilidades de romper la resistencia de 46.7k, que el soporte de 42k, y entonces buscar el retroceso de 61% de Fibonacci en 51 mil usd , dejando claro eso si, que incluso llegando a los 51k, si la resistencia funciona y rebota hacia abajo, aun podría ser considerada una corrección de la tendencia bajista mayor.

Esta semana es crucial el rango de los 46.7 a 51K para definir si se retoma la tendencia bajista mayor o se invierte esta, en busca de nuevos máximos históricos. (64K y más).

Jamás arriesgues o inviertas, mas de lo que te puedes dar el lujo de perder.

Sort:  

Congratulations @freddyma! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

You distributed more than 10 upvotes.
Your next target is to reach 50 upvotes.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

To support your work, I also upvoted your post!