Let's talk about BTC (Bitcoin). BTC needs no introduction everybody know what it is. So lets come to the point TA
Technical Analysis
So Bitcoin is doing some bullish moves since past week (Forming Ascending Wedge). Ascending wedge which is a highly bearish pattern I put Ascending wedge target on the chart which is my primary count I also see the possibility of inverse Head&Shoulder. So there is 2 scenarios which i put on the chart I hope it will help u guys.
INDICATORS
1. RSI is too much high (bearish signals)
2. Stochastic signals Bearish trend ahead
3. Bearish Pattern formed (Ascending Wedge)
CONCLUSION
The conclusion is that BTC will correct from here & alts will continue bleed. It can be either a Head&Shoulder pattern Or The ascending wedge. Let's see how it goes.
Thanks guys for looking into don't forget to leave a like.
THANK YOU FOR YOUR SUPPORT
Technical Analysis
So Bitcoin is doing some bullish moves since past week (Forming Ascending Wedge). Ascending wedge which is a highly bearish pattern I put Ascending wedge target on the chart which is my primary count I also see the possibility of inverse Head&Shoulder. So there is 2 scenarios which i put on the chart I hope it will help u guys.
INDICATORS
1. RSI is too much high (bearish signals)
2. Stochastic signals Bearish trend ahead
3. Bearish Pattern formed (Ascending Wedge)
CONCLUSION
The conclusion is that BTC will correct from here & alts will continue bleed. It can be either a Head&Shoulder pattern Or The ascending wedge. Let's see how it goes.
Thanks guys for looking into don't forget to leave a like.
THANK YOU FOR YOUR SUPPORT
Dagangan aktif
Dagangan aktif
Daily Candle Closed Formed A Hammer Candlestick (Bearish Indication)Dagangan aktif
Breakout Is happeningNota
BreakdownDagangan aktif
Dagangan aktif
Dagangan aktif
We are going down to 7900 RegionDagangan aktif
And the buying order hit it is still in our buying zone feel free to buy and reloadPenafian
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.