Further Downwave ahead?
After kissing the Midterm Trends upper edge, we see weakness! At the Moment it seems that btc could break ist shortterm uptrend. That should accelerate the bearish momentum. Perhaps we see a bearish H&S right now which is trigegred and active!
The RSI is near the next possible buying area, but we didn`t reached it at present.
As Long as BTCUSD is trading below 12.000 i don`t see any signals on the longside.
Good Luck
The RSI is near the next possible buying area, but we didn`t reached it at present.
As Long as BTCUSD is trading below 12.000 i don`t see any signals on the longside.
Good Luck
Note
Note
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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.