Hello, community this my TA for a correction on BTC.
Why? this beacuse the reduction on volume and MACD divergences.
This is an speculative TA dont buy, invest or trade with it.
Your are welcome to leave a comment and your thoughts.
It would take weeks to actually reach that target and of course we will have to pass trought important resistance leves.
Invalidation: The invalidation point for this will be BTC reaturning to Bullish Trend with very High volume. Breaking the ATH would not be necesary relevant to invalidate this TA aunless again does it with high volume.
Why? this beacuse the reduction on volume and MACD divergences.
This is an speculative TA dont buy, invest or trade with it.
Your are welcome to leave a comment and your thoughts.
It would take weeks to actually reach that target and of course we will have to pass trought important resistance leves.
Invalidation: The invalidation point for this will be BTC reaturning to Bullish Trend with very High volume. Breaking the ATH would not be necesary relevant to invalidate this TA aunless again does it with high volume.
Note
MACD below is VMA.
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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.
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.