hey traders, as you can see we had a big rejection on the 5700 level, now bulls are trying to take control but we are seeing some weakness which we can see on:
- the RSI, which is indicating a divergence
- the descending volume which indicates, weakness in the uptrend.
on the short-mid term we see a head and shoulders formation, which will make the price to retrace to 6200 or 6200 to start moving higher if not, the las support would be last 5700 down.
BTCUSD
be careful trading.
- the RSI, which is indicating a divergence
- the descending volume which indicates, weakness in the uptrend.
on the short-mid term we see a head and shoulders formation, which will make the price to retrace to 6200 or 6200 to start moving higher if not, the las support would be last 5700 down.
BTCUSD
be careful trading.