Hi everyone ๐๐ฝ
๐ Wish y'all have a profitable lifestyle ๐
๐ BITCOIN /USDT H:4 Chart - Heiken-ashi
๐ PRICE ACTION - Fibbo - Double-Top
๐ Bitcoin may create a double-top after filling the first target of bullish-flag
โ๐ผ Straight to the point, Bitcoin may create a possible double-top in H:4 and daily time-frame which can lead the price again to the 44-45k zone
โ๐ผ After the vast internet shutdown and failure of centralized plat-forms such as Facebook , WhatsApp and Instagram; Bitcoin and other crypto currencies pumped big in just less than a day.
โ ๏ธ However, from technical-analysis point of view I am just concerned about a double top at 53k price zone.
โ๐ผ If the scenario 1 fails, of course BTC is going to see the 57-58k price zone more easily than everyone thinks.
โ ๏ธ RSI in H:4 looks so much in overbought position; more than 80-85 RSI is such a dangerous zone.
LINK OF MY BULLISH-FLAG TA IS AVAILABLE BELOW, PLEASE CHECK IT OUT
THIS IS NOT A FINANCIAL ADVICE, IT IS JUST MY OPINION
๐ Wish y'all have a profitable lifestyle ๐
๐ BITCOIN /USDT H:4 Chart - Heiken-ashi
๐ PRICE ACTION - Fibbo - Double-Top
๐ Bitcoin may create a double-top after filling the first target of bullish-flag
โ๐ผ Straight to the point, Bitcoin may create a possible double-top in H:4 and daily time-frame which can lead the price again to the 44-45k zone
โ๐ผ After the vast internet shutdown and failure of centralized plat-forms such as Facebook , WhatsApp and Instagram; Bitcoin and other crypto currencies pumped big in just less than a day.
โ ๏ธ However, from technical-analysis point of view I am just concerned about a double top at 53k price zone.
โ๐ผ If the scenario 1 fails, of course BTC is going to see the 57-58k price zone more easily than everyone thinks.
โ ๏ธ RSI in H:4 looks so much in overbought position; more than 80-85 RSI is such a dangerous zone.
LINK OF MY BULLISH-FLAG TA IS AVAILABLE BELOW, PLEASE CHECK IT OUT
THIS IS NOT A FINANCIAL ADVICE, IT IS JUST MY OPINION
Dagangan ditutup: hentian tercapai
BTC has just passed the 53k price zone so easily :))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.