Bitcoin

Ok lets check high time frame

148
What do we have here?
Triangles, a lot of touches, a lot of cross over/under signals, channels and support double top and resistances .
Alright guys as you can see we are in a big ascending triangle here, you can guess what I wanted to say about it, although we should see a double bottom here and I tried to show you the possible targets by the red circles.
As you know most of them are really strong and old resistances/supports in btc history.
I showed you different channels(bottom and tops) by different lines and triangles here.
Rsi shows an ascending trend, but its showing a descending in few days!(Possible break sign)
Macd couldn't break the last HH and it shows a divergence between macd and price!(downtrend signal)
We have support of ma's for now, we just have a cross over on 50, 120 and 200 but price is really far of ma plots!
Price would be touch ma 50!

Lets check some indicators.
BB
istantanea
As you can see bottom line of BB showing us 8700 and top of it is showing 10200, we have support of middle line for now, and this is possible to see a touch on both top and bottom.
ichimoko
istantanea
Alright, as you can see we are above the cloud but we didn't check the support of it yet.
So as I drown some circles to show you possible targets, and also strong supports there.

Personally I think we are going to see a big down trend here, as you see we were in ascending channel for more than 2 month! and we need a correction for it!(I said that 1000 times :) )
If you liked it, please hit the like button, share and write your comments and follow me, thanks for reading.
Take care, trade safe

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