pcmonk

Bitcoin Showing Signs Of Weakness!Back To 25.8 ?

Short
pcmonk Updated   
BINANCE:BTCUSD.P   BTC Perpetual Futures Contract
Bitcoin showed the first sign of weakness after hitting 30839 with a wick on 4H candle.two possible moves which both end downwards.
Thanks for watching.
Comment:
SPX doing a 4H descending wedge, we might see a wick to 31K before we start to go low if SPX picks it up and wants to fill the higher gaps. that would be the 3rd condition for today and Im wating for this.
Comment:
and if that happen we could see a perfect Regular Bearish Divergence forming on stoch rsi and maybe RSI itself signaling futher dump!!!

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.