As indicated by the red circles on the RSI, the RSI power to jump is declining.
Also we have a strong RD- in the daily and 4h time frame chart.
I wanted to publish this yesterday, but I was skeptical.
Be very careful.
On the other hand, this is the end of the fractal form and we must be ready for a new movement
In my opinion, with the break of the white trend line, this will be at least a correction if it is not a fall.
I sold everything and will not enter the market until Bitcoin is above $ 62,000 with a strong green candle.
I think only good fundamental news can keep the price of bitcoin from falling, what do you think?
Also we have a strong RD- in the daily and 4h time frame chart.
I wanted to publish this yesterday, but I was skeptical.
Be very careful.
On the other hand, this is the end of the fractal form and we must be ready for a new movement
In my opinion, with the break of the white trend line, this will be at least a correction if it is not a fall.
I sold everything and will not enter the market until Bitcoin is above $ 62,000 with a strong green candle.
I think only good fundamental news can keep the price of bitcoin from falling, what do you think?
Note
This is that snapshot link:tradingview.com/x/Hq9LBdYe/
put "www." At the beginning of it.
My reputation is not enough to put the link :(
Note
Oh, I used "Triangle Wave" instead of "Impulse Wave" 🤦♂️Note
OK, close your short positions under $56000!The good news is that Bitcoin will continue to rise for a few more days.
I think $50000 or 53000 is the low-end.
Note
ok now price is $52000 take 50% of your profits :)Note
I closed all of my short positions.
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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.