Important short termđź§µ
BTC RSI not showing good signs, NEG divergence
#BTC HAS BEEN LEADING the rally but it's weakening
We've posted on this
TOTAL 3 doing ok
#memecoin running usually @ end of runs
#bitcoin MUST hold support levels
MUST hold number is 18kish
---
2
DXY running & RSI over 50 again
BAck to #crypto
TOTAL = ALL including
BTC &
ETH
Not showing recent strength of Total 3 = #altcoin
They all still have a ways to go to break down trend
Although #BTC HAS done it on it's own
#bitcoin has been LEADING until now
Rest time?
---
3
BTC broke downtrend not long ago & struggled
24k has been issue = MAJOR RESISTANCE &
NECKLINE for Inverse Head & Shoulder = BOTTOM
Now
ETH RSI looks ok
However HUGE resistance @ 1700 area
#ETH hasn't broken downtrend
---
4
BTC is to
DJI =
ETH is to
NDX
#DJI broke out before #NDX did
Very likely #BTC broke already & #ETH will follow
We'll likely take another month or so to realize the bottom
TOTAL 2 = No #bitcoin, includes #ethereum & #altcoin, looks ok
We'll see how all pans out
Gnight
#BTC HAS BEEN LEADING the rally but it's weakening
We've posted on this
#memecoin running usually @ end of runs
#bitcoin MUST hold support levels
MUST hold number is 18kish
---
2
BAck to #crypto
Not showing recent strength of Total 3 = #altcoin
They all still have a ways to go to break down trend
Although #BTC HAS done it on it's own
#bitcoin has been LEADING until now
Rest time?
---
3
24k has been issue = MAJOR RESISTANCE &
NECKLINE for Inverse Head & Shoulder = BOTTOM
Now
However HUGE resistance @ 1700 area
#ETH hasn't broken downtrend
---
4
#DJI broke out before #NDX did
Very likely #BTC broke already & #ETH will follow
We'll likely take another month or so to realize the bottom
We'll see how all pans out
Gnight
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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.