Looking weak to me..??
On a 1month chart, longer time frame.. Looks to be overbought.. We are too far away from the moving average and a small correction is due down to around 47k..
It looks also like the last wave is completed?? As of now bitcoin Cash has already confimed to me of a possible down move on the 15mins and testing the 30mins support.. But if both these timeframes agrees then down we go.
I have reduced my holdinfs by over 50% and will reenter if she gets near my target objective. Otherwise hold the rest until kingdom come.
It looks also like the last wave is completed?? As of now bitcoin Cash has already confimed to me of a possible down move on the 15mins and testing the 30mins support.. But if both these timeframes agrees then down we go.
I have reduced my holdinfs by over 50% and will reenter if she gets near my target objective. Otherwise hold the rest until kingdom come.
Penafian
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