Bitcoin has been in an upward channel since is in an upward channel since breaking the $47-48k resistance zone, since then we have seen a 20% increase to $58k MASSIVE!
It seems BTC to be showing bearish divergence in the RSI as well as a noticeable drop in volume. Bearish MACD cross on 4hr - death cross could potentially follow.
With a potential drop in BTC many altcoins could see a similar drop of around 15-25%, many of which are already showing signs of this incoming drop.
Trade safe - never be afraid to take profits
''Buy Big Sell BIGGER'' - MegaWhale
It seems BTC to be showing bearish divergence in the RSI as well as a noticeable drop in volume. Bearish MACD cross on 4hr - death cross could potentially follow.
With a potential drop in BTC many altcoins could see a similar drop of around 15-25%, many of which are already showing signs of this incoming drop.
Trade safe - never be afraid to take profits
''Buy Big Sell BIGGER'' - MegaWhale
Trade closed: target reached
Target reached (: congratulations to everyone who was able to secure profits and minimise losses
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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.