BTC Downward Pressure
-MFI and RSI are showing Bearish Divergences on the Daily Chart. It's been a few days here since this, so confirmation has arrived.
-TD Sequential created another 9 here showing 2x the resistance from another old 9.
.618 Fibonacci Zone showing moderate resistance.
Target is 7400-7600 Area
Stop Loss is 8400
-TD Sequential created another 9 here showing 2x the resistance from another old 9.
.618 Fibonacci Zone showing moderate resistance.
Target is 7400-7600 Area
Stop Loss is 8400
Note
200 Daily Moving Average is also getting very frisky with price. MonitoringTrade closed: target reached
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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.