Bitcoin / TetherUSShort
A HUGE DUMPING INCOMING!!! ???
I tried by best to cover the famous wyckoff distributation theory.
IF ITS CORRECT then we are heading sideways for a while before a LAST HUGE DUMP!
It seems like the RSI AND STOCH are also showing negative divergence but its hard to tell right now as you can see in the chart.
IF we may break the supportline uppwards and stay there for a while it could be a good sign for btc. Otherwise the bullrun seems to end soon!
You know the game, no one can tell you the future with garanties. AND This is not a financial advice. YOU BUY AND SELL AT UR OWN RISK. ONLY INVEST WHAT YOU CAN AFFORD TO LOSE. MANY HAVE BEEN BURNED RECENTLY AND IM SENDING MY LOVE TO THOSE. IF YOU ARE IN FOR THE LONG RUN YOU SHOULD LOOK AT THE BIGGER PICTURE. Im just sharing what we may heading towards, be carefull out there. If you like what you see, share and press like. Peace and Love : = )
IF ITS CORRECT then we are heading sideways for a while before a LAST HUGE DUMP!
It seems like the RSI AND STOCH are also showing negative divergence but its hard to tell right now as you can see in the chart.
IF we may break the supportline uppwards and stay there for a while it could be a good sign for btc. Otherwise the bullrun seems to end soon!
You know the game, no one can tell you the future with garanties. AND This is not a financial advice. YOU BUY AND SELL AT UR OWN RISK. ONLY INVEST WHAT YOU CAN AFFORD TO LOSE. MANY HAVE BEEN BURNED RECENTLY AND IM SENDING MY LOVE TO THOSE. IF YOU ARE IN FOR THE LONG RUN YOU SHOULD LOOK AT THE BIGGER PICTURE. Im just sharing what we may heading towards, be carefull out there. If you like what you see, share and press like. Peace and Love : = )
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.