Bitcoin could fall here as yesterday's close was bearish. Momentum on the daily is flat and if today we see a further decline (bearish) in price action, then the rest of the week will rain down and you don't want to miss it. More on a technical perspective, bearish divergence on a stochastic confirms downside momentum -- here's a Bird's-Eye view!
Happy Trading folks!
Cheers!
Happy Trading folks!
Cheers!
Note
Currently, with recent price action data available, we're seeing a strong push to the upside as noted on the ADX. It could break above the trendline and head towards 40k. If you're short, I'd get out of the way and wait. Note
Bulls are losing steam, back to the original plan :) Note
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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.