Price of largest cryptocurrency is still under strong resistance in possible bearish pattern. It's just matter of time when will sellers start to push price down again. MACD is bellow zero line,STOCH is in overbought area,20MA will cross 50MA and give us the signal for possible downtrend, and volume is low.
TP1: 3700$
TP2:1400$
SL:10700$
Do your own research before trading this idea!
See my previous analysis and leave a like and follow.
Please add a comment... Positive feedback and constructive criticism are important to authors and the community.
TP1: 3700$
TP2:1400$
SL:10700$
Do your own research before trading this idea!
See my previous analysis and leave a like and follow.
Please add a comment... Positive feedback and constructive criticism are important to authors and the community.
Note
Note
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.