Hi traders, Bitcoin will fall from here. I have three reasons for that. First one is, price is under the important resistance levels. Second one is, when price increased volume decreased. Third one is, there is negative divergency. I suggest be careful.
Hi traders, This is BTCUSD on weekly chart. As you can see btc can not break the important trendline. I think bear market is coming. I have three reasons for that. First one is when the price increase volume decreasing which is very dangerous. Second one is there is negative divergency on rsi. Third one is there are very weak candles under the trendline. I...
Hi traders, There are two scenarios for bitcoin . First scenario is if btc breakout the important resistance zone with high volume then ascending triangle formation works. Then bull market can start. The second scenario is if btc breakout the important blue trendline. Then Head and shoulders formation works and bear market can start. I think bear market will...