BTC/USDT - Take a breath, correct to $37.500 and continue !?
We are looking at the allmighty king.
- Pretty strong runup
- RSI overbought
- Hanging man Candle on the 8D (!)
- Support as resistance on $ 37.500
Permabears will shout $ 31.000 and Permabulls will aim for $ 48.000.
Me? Eh, not very sure to be honest. But looking at the chart right now, I would be careful.
I would not enter a BTC position here. Too risky.
Hanging man printed. I hope I am wrong, but I expect a "take breath" moment for BTC.
Hopefully BTC.D will drop harder, giving some room for alts to pump and increase the alt coin dominance.
- Pretty strong runup
- RSI overbought
- Hanging man Candle on the 8D (!)
- Support as resistance on $ 37.500
Permabears will shout $ 31.000 and Permabulls will aim for $ 48.000.
Me? Eh, not very sure to be honest. But looking at the chart right now, I would be careful.
I would not enter a BTC position here. Too risky.
Hanging man printed. I hope I am wrong, but I expect a "take breath" moment for BTC.
Hopefully BTC.D will drop harder, giving some room for alts to pump and increase the alt coin dominance.
Comment:
Hidden Bearish Divergence - 20H BTC/USDT
Comment:
MACD Bearish Cross 2D -
BTCUSDT
See the red and green circles and what they do... Not looking good to be honest.
BTCUSDT
See the red and green circles and what they do... Not looking good to be honest.
Comment:
Possibly a double top forming..
Comment:
Sadly, I was right. Bounce on 37.5k