Hi guys
As you can see in the chart it was a weak divergance that makes BTC grow a little bit up and RSI came out of over sold area,But as you can see the sellers EMA are still over the buyers and MACD is under Zero,the momentum is very low and it doesnt seem that BTC can have enough support to breakout the Resistance,i think there is 2 scenarios that none of them are hopeful,so in my opinion we will test 5000$ sooner or later(it is the 100% of Fibonacci Extension of the 5th downtrend Wave).
Your likes will be so kind and supportive if you find it useful
With the best wishes
As you can see in the chart it was a weak divergance that makes BTC grow a little bit up and RSI came out of over sold area,But as you can see the sellers EMA are still over the buyers and MACD is under Zero,the momentum is very low and it doesnt seem that BTC can have enough support to breakout the Resistance,i think there is 2 scenarios that none of them are hopeful,so in my opinion we will test 5000$ sooner or later(it is the 100% of Fibonacci Extension of the 5th downtrend Wave).
Your likes will be so kind and supportive if you find it useful
With the best wishes