You can see 3 resistences line crossing right now.
If BTC can get trought, sky is the limit, but i do believe in a little falling now to regain strenght
What do you think?
If BTC can get trought, sky is the limit, but i do believe in a little falling now to regain strenght
What do you think?
Trade active
Right now RSI on 30 min and 1 hour chart showing divergence to down, maybe could be that little falling expected, i will put an short target at 7k. Im taking the risks...Note
7k is an psico resistence and fibo 38.Note
7K is a psychological support*.The correction already hit 0.23% of fibo retracement, only 5% of times that happen and stop falling, wich mean that 7k at 38% still best target.
But remember there still an small possibility of a pump, 5%, you can set an stoploss buy order if you want.
Note
0.23*Note
Rsi 1 hour has formed an divergence, nothing really bad, but if keep this way, maybe we can have that correction.Trade active
Re-testing the trend line long time that has been crossed before.This should be an good support if didn`t across, btc will pump.
If not... well im not counting on it, most of markets when cross and retest an trend line is a good sight
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.
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.