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!
Comment
This old idea is still valid!
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