Good Morning!!!!!!!
In reference to the rout #crypto is taking, everyone's playing Monday morning quarterback.
The post quoted, pls see more info on our profile page, wasn't the 1st post with warning!!!
We had mentioned the breakout had a lot of selling with little buying to support holding the move.
BTC gave up a large chunk of the gains.
We also spoke on #BTC $ flow lessening & the weakening RSI.
The
BTC RSI looks to cross sub 50, it must hold 40ish area.
#BTC $ Flow hasn't looked good at all, buy on the rumor and sell news. Could be what's happening.
#Bitcoin forming a BEARISH ENGULFING. Recall
NDX did this and was walloped for a bit before recuperating. KEEP and EYE ON VOLUME TODAY!
Weekly, Bitcoin has formed an outside week, more on this later.
BITO
In reference to the rout #crypto is taking, everyone's playing Monday morning quarterback.
The post quoted, pls see more info on our profile page, wasn't the 1st post with warning!!!
We had mentioned the breakout had a lot of selling with little buying to support holding the move.
We also spoke on #BTC $ flow lessening & the weakening RSI.
The
#BTC $ Flow hasn't looked good at all, buy on the rumor and sell news. Could be what's happening.
#Bitcoin forming a BEARISH ENGULFING. Recall
Weekly, Bitcoin has formed an outside week, more on this later.
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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.