Dear crypto aficionados, fans, lovers, haters, shorters and longers,
After the 1-2-3-4-5 up impulse we faced a strong trend down trend pushing the price of BTC down to 8,3k from the high of 10k.
What happend during the night, we are experienced a 5th downwave, after a rising bottom breakout which is a very bearish sign!
Others strong sign for a possible future further down trend:
- Support is now resistence
- macd overbought
- RSI Bearish level
Stay tuned and like, share comment if you enjoyed the TA.
*this is just my opinion I'm not a professional advisor! Make your choices wisely and manage your risks!
After the 1-2-3-4-5 up impulse we faced a strong trend down trend pushing the price of BTC down to 8,3k from the high of 10k.
What happend during the night, we are experienced a 5th downwave, after a rising bottom breakout which is a very bearish sign!
Others strong sign for a possible future further down trend:
- Support is now resistence
- macd overbought
- RSI Bearish level
Stay tuned and like, share comment if you enjoyed the TA.
*this is just my opinion I'm not a professional advisor! Make your choices wisely and manage your risks!
Note
This old idea is still valid!
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.
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.