Good day Folks,
Currently I am looking at the two weeks BTC chart with the EMA 120 as a guide, We have the RSI and Stoch RSI, also you can see we have bearish divergences on the RSI and Stoch RSI which means bulls is losing monument in the bigger timeframe, The next thing is in 2021 the double top peaks was exactly 300 days apart something identical to what's happening in this cycle.
Also everyone is hype about Bitcoin and in Bitcoin whole history we never had a triple peak divergences on any cycles if BTC is to progress higher and stronger we need to invalidate the bearish divergences or we will crash much more harder.
Fun Facts.
1. If the cycle top is in we wont go above the two weeks slow line on the RSI.
2. We will stay below 65 on the two weeks RSI.
Currently I am looking at the two weeks BTC chart with the EMA 120 as a guide, We have the RSI and Stoch RSI, also you can see we have bearish divergences on the RSI and Stoch RSI which means bulls is losing monument in the bigger timeframe, The next thing is in 2021 the double top peaks was exactly 300 days apart something identical to what's happening in this cycle.
Also everyone is hype about Bitcoin and in Bitcoin whole history we never had a triple peak divergences on any cycles if BTC is to progress higher and stronger we need to invalidate the bearish divergences or we will crash much more harder.
Fun Facts.
1. If the cycle top is in we wont go above the two weeks slow line on the RSI.
2. We will stay below 65 on the two weeks RSI.
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Channel t.me/kingpinpublic
YouTube youtube.com/@YTKingsofCryptoTA
X @Whalekingpin_TA
Facebook facebook.com/whalekingpin
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.
t.me/+lxnwA0i4qSZhN2Rh
Channel t.me/kingpinpublic
YouTube youtube.com/@YTKingsofCryptoTA
X @Whalekingpin_TA
Facebook facebook.com/whalekingpin
Channel t.me/kingpinpublic
YouTube youtube.com/@YTKingsofCryptoTA
X @Whalekingpin_TA
Facebook facebook.com/whalekingpin
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.