Bitcoin is sliding down to possible 3200 USD
The right shoulder is in the making and it's likely to fall hard to 3200.
80% chance it will fall
20% breakout the downtrend (that will be the beginning of a buy signal)
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The right shoulder is in the making and it's likely to fall hard to 3200.
80% chance it will fall
20% breakout the downtrend (that will be the beginning of a buy signal)
Please leave a like
Commento:
BTC breakout the downtrend channel and is testing the resistance right now. BTC is floating on positive news on vaneck vs nasdaq futures and not a big volume increase (what we actually need). In the 1h chart you can see the RSI is high and the MACD is turning bearish again. So, it looks like it's going down to its support 3600. For a serious price increase we need a serious volume increase. That's seems not looking good yet. So in my opinion Bitcoin will test te lower support again and make lower lows.
Commento:
candle on 2h chart looks great. is making breakout above resistance to build new support
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