BillyMadison

BTCUSD - Rising Wedge & Bearish Divergence

Singkat
BillyMadison Telah dikemas kini   
COINBASE:BTCUSD   Bitcoin


BTC appears to be approaching the end of a rising wedge and may need to consolidate after reaching ATH's. Price has been unable to break and maintain $60k and appears to be nearing its reversal point. It will likely test $60k in the near term before drastically correcting.

It also appears to be indicating a classical Bearish divergence on MACD & RSI, both of which are demonstrating lower highs in contrast to the price momentum. Again, it may break upwards in the near-term, but a significant downside trend seems to be approaching.

BTCUSD
Komen:
Target broke exactly as predicted. Guessing some sideways momentum & gradual decline ahead, until the consolidation period ends

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.