Bitcoin 1D analysis
I tried to find waves in Bitcoin 1D chart to see what is the possible direction. I am seeing a lot of bearish signals.
Bitcoin CME Futures chart has the first cap 58790 - 60845 and second cap 20330 - 21110 (it doesn't mean it will get filled!)
There is bearish divergence on RSI
1D
4H
I am sharing my thought process on these market moves and adjust my analysis as the market evolves. This is not meant to be followed by others, as I am prone to mistakes like anyone else. Instead, I welcome feedback that can help me question and refine my analysis.
Bitcoin CME Futures chart has the first cap 58790 - 60845 and second cap 20330 - 21110 (it doesn't mean it will get filled!)
There is bearish divergence on RSI
1D
4H
I am sharing my thought process on these market moves and adjust my analysis as the market evolves. This is not meant to be followed by others, as I am prone to mistakes like anyone else. Instead, I welcome feedback that can help me question and refine my analysis.
Note
I found bullish divergence, so I can't be fully bearish. If the price goes higher, then I am definitely going to buy bear spray to carry on my morning runs in nature because they also need to eat.
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