Hello, everyone!
Two days ago I told you that changed my opinion about the price prediction. You can see two long signals according to MACD on 4h timeframe, but I ignored these signals because at $47000 BTC flashed the strong sell signal on the 1D timeframe, which has the 80% accuracy, while on the 4h the accuracy is only 30%.
I told you that we will see the trendline 1 breakdown with the first attempt without any bounce as I supposed earlier. Now the Bitcoin is dumping. Moreover BTC broke down the 0.618 Fibonacci level (golden pocket). This is the bearish signal. But the potential double divergence is forming on the MACD histogram. This is the clear sign of the potential bounce. I suppose that this bounce is not going to start the uptrend continuation, but we can see the trendline 1 test before the dump to the trendline 2.
Good luck!
DISCLAMER: This is not a financial advice, do you own study before making a decision on the real market. If you decided to follow the idea in this article, please restrict your risk to 0.5%-1% of your entire deposit.
Two days ago I told you that changed my opinion about the price prediction. You can see two long signals according to MACD on 4h timeframe, but I ignored these signals because at $47000 BTC flashed the strong sell signal on the 1D timeframe, which has the 80% accuracy, while on the 4h the accuracy is only 30%.
I told you that we will see the trendline 1 breakdown with the first attempt without any bounce as I supposed earlier. Now the Bitcoin is dumping. Moreover BTC broke down the 0.618 Fibonacci level (golden pocket). This is the bearish signal. But the potential double divergence is forming on the MACD histogram. This is the clear sign of the potential bounce. I suppose that this bounce is not going to start the uptrend continuation, but we can see the trendline 1 test before the dump to the trendline 2.
Good luck!
DISCLAMER: This is not a financial advice, do you own study before making a decision on the real market. If you decided to follow the idea in this article, please restrict your risk to 0.5%-1% of your entire deposit.
Access private PineScript strategies and turn alerts into orders with easy-to-set up bots
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Trade smarter with:
skyrexio.com
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.
Access private PineScript strategies and turn alerts into orders with easy-to-set up bots
Trade smarter with:
skyrexio.com
Trade smarter with:
skyrexio.com
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.