Bitcoin recent downtrend resistance
Bitcoin is currently at diagonal resistance which acted as strong resistance since February
>For last three times - if daily closed red near this resistance line, price has dumped hard next few days after breaking LTF diagonal support
>Price is currently at this resistance line for fourth time and daily has closed red already
I am expecting similar dump this fourth time in next few days, and we can keep uptrend above this resistance line
>For last three times - if daily closed red near this resistance line, price has dumped hard next few days after breaking LTF diagonal support
>Price is currently at this resistance line for fourth time and daily has closed red already
I am expecting similar dump this fourth time in next few days, and we can keep uptrend above this resistance line
Nota
TD9 daily also showing trend reversalNota
Rising wedge with declining volume.Nota
These above 3 reasons put together points towards a big short
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.