Anyway, I still have very bearish thoughts on BTC.
BTC shows quite a suspicious movement.
Stoch RSI, NVT shows negative signal
Some big guy may takes profit gain sooner of later. I guess
Anyway, Ascending broadening wedge 's target : 95XX
Let's see which way it takes.
Take your own risk whether you sell or buy something.
BTC shows quite a suspicious movement.
Stoch RSI, NVT shows negative signal
Some big guy may takes profit gain sooner of later. I guess
Anyway, Ascending broadening wedge 's target : 95XX
Let's see which way it takes.
Take your own risk whether you sell or buy something.
Note
Gann fan trial- Gann fan from the all time high indicates that BTC is quite a bullish. Now BTC is towarding to 8/1.
- Gann fan from the 2018 bottom shows that BTC is towarding to its 1/1 line now.
- in respect of the log candles, BTC is staying at an important price level where BTC determines its way for trend reversal or pull back.
: IMO, $118XX (where fib channel 0.886, 3/1 Gann fan line & 1/1 line from the bottom is crossing) the is very significant evidence for the trend reversal & the start of the new bull market.
Anyway, indicators still show bad signal.
Take your own risk & get some money.
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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.