Btc failed to break horizontal resistance
A lot of people got excited about the PA yesterday seemingly breaking out of the falling wedge structure to the upside. There was a lot of euphoric hysteria. However it was a false break, and there were were multiple bearish divergences forming on the 15/30/1 hour time frames that reflected it as such. Price has been rejected and I expect BTC to fall to 55k and possibly 52k.
When almost every single trader on tradingview is calling for a new ATH and 100k, 150k etc.... You have to be realistic and keep your guard up.
-ADX is showing consolidation with bearish pressure dominating.
-Another lower high on the 4 hour chart.
-Volume is less than it was the previous time we visited 60k.
Still short.
When almost every single trader on tradingview is calling for a new ATH and 100k, 150k etc.... You have to be realistic and keep your guard up.
-ADX is showing consolidation with bearish pressure dominating.
-Another lower high on the 4 hour chart.
-Volume is less than it was the previous time we visited 60k.
Still short.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.