We can see 3 obvious indexes that show BTC is going to be bearish in the short term.
--Bearish divergence in the RSI
--Bearish Rising wedge
--Bearish candlestick pattern
If the price crosses the rising wedge support line, the support zone will be around 20273 to 21134 dollars (based on Fib Levels).
I think BTC is Bearish foe short term but for Mid-term, we need to see the price action in next few days.
--Bearish divergence in the RSI
--Bearish Rising wedge
--Bearish candlestick pattern
If the price crosses the rising wedge support line, the support zone will be around 20273 to 21134 dollars (based on Fib Levels).
I think BTC is Bearish foe short term but for Mid-term, we need to see the price action in next few days.
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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.