juneztx

Bitcoin (BTC) - Guaranteed Pullback? #RibbonResistance

Long
BITSTAMP:BTCUSD   Bitcoin
Hi brothers and sisters! Welcome to my bitcoin view! Just look at the chart, and see the signals, you will understand.
The huge 1000$ spike we had earlier, awake the cryptomainstream, that led to this huge FOMO. Bitcoin have to consolidate again before we can say anything.
Keep in mind, we talking about Bitcoin, the most volatile asset in the world!

Left window (1week):
Moving average (Bearish/Resistance - If break above, pullback will be harder)
RSI (Bearish)
MACD (What do you see?)

Right window (1day):
It speaks foritself, we already dived into the ribbon again, and RSI+MACD shows a downtrend.


Market Cap: $171.475.863.377
24h Vol: $40.513.768.712
Let me hear what you think about this situation at the moment; comment and lets all connect our brains as #1
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.