Bitcoin looking Bearish on the daily.
- Daily Bullflag Completed
- Internal Measured Move Completed confirming Daily Resistance level
- 50k Psychological Level Confirms as Resistance
- MACD turning Bearish and Cross anticipated
- RSI overbought and showing Hidden Bearish Divergence signal
Note: Awaiting new Support level to be identified off Fib Retracement levels 0.236, 0.382, 0.5-0.618 or Former Resistance which is yet to be tested as Support.
What are your thoughts?
"DISCLAIMER: NO ADVICE. The information presented here is general in nature and is for education purposes only. Nothing should be considered to be advice. You should consult with an appropriate professional for specific advice tailored to your situation."
- Daily Bullflag Completed
- Internal Measured Move Completed confirming Daily Resistance level
- 50k Psychological Level Confirms as Resistance
- MACD turning Bearish and Cross anticipated
- RSI overbought and showing Hidden Bearish Divergence signal
Note: Awaiting new Support level to be identified off Fib Retracement levels 0.236, 0.382, 0.5-0.618 or Former Resistance which is yet to be tested as Support.
What are your thoughts?
"DISCLAIMER: NO ADVICE. The information presented here is general in nature and is for education purposes only. Nothing should be considered to be advice. You should consult with an appropriate professional for specific advice tailored to your situation."