BTC.D has been moving higher and higher with only a few weeks stop in between each new peak... But it seems that it is running out of steam.
Bearish signals coming from the chart
Our main scenario is marked with arrows on the chart. The situation can easily change if the next resistance at 74.84 is broken with good strength and volume.
If BTC.D fails to reach 74.84 and close above it, it is very likely to move lower as shown on the chart.
On a drop, the first/main level to be tested would be 69.11 or EMA10. A new update will be shared based on how the charts behave.
Thanks a lot for reading.
Namaste.
Bearish signals coming from the chart
- We have low and decreasing volume.
- Bearish divergence showing up on the MACD and RSI.
- Strong resistance ahead.
- RSI Overbought.
Our main scenario is marked with arrows on the chart. The situation can easily change if the next resistance at 74.84 is broken with good strength and volume.
If BTC.D fails to reach 74.84 and close above it, it is very likely to move lower as shown on the chart.
On a drop, the first/main level to be tested would be 69.11 or EMA10. A new update will be shared based on how the charts behave.
Thanks a lot for reading.
Namaste.
Not
Thank you all for the support.Namaste.
Not
This one is going perfectly as charted.🚨 FREE PREMIUM Trades + Top Results
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🚨 FREE Quality Content + New Results
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t.me/masteranandatrades/6172
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
t.me/anandatrades/1183
🚨 FREE Quality Content + New Results
(Frequent Discounts & Offers)
t.me/masteranandatrades/6172
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.