Hi, guys. I’ve checked the resistance lines and it seems it wants to go down, since 1 month chart MACD is really bearish, and also, it has broken the 50 EMA line.
As you can see, BTC broke the support and it has turned into a resistance.
Will it break it or not? Stoch RSI 1D is at max. level, but it can just make a new high and it would be wave 1 of a bigger trend. Anyways, experts are calling for BTC under 5k dollars, what makes sense to me.
Let’s see how it plays out, but as I have seen many times, it can go further down like in 2014.
It’s just an idea. I’m not responsible of your actions. Trade at your own risk.
Good luck ;)
As you can see, BTC broke the support and it has turned into a resistance.
Will it break it or not? Stoch RSI 1D is at max. level, but it can just make a new high and it would be wave 1 of a bigger trend. Anyways, experts are calling for BTC under 5k dollars, what makes sense to me.
Let’s see how it plays out, but as I have seen many times, it can go further down like in 2014.
It’s just an idea. I’m not responsible of your actions. Trade at your own risk.
Good luck ;)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.