The market is in extreme fear for a long time, even I started to feel this fear. The fear & greed index = 13. If re my previous articles, you remember that I think the bottom is next to current prices according to some indicators. Today I want to tell you how I see the ideal reverse scenario. On the 4h chart we have to see the new lower low which coincides with the true MACD bullish divergence. After that we will see the growth to $39-40k. Such move is going to lead to divergence on the daily timeframe which is much stronger trend reverse signal. But this is only assumption, we should see the confirmation of this scenario which I tell you when it will be the time.
Moreover, I conducted a survey, the most people think that the price will break down 30k first than break through the 40k.
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
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.