Bitcoin / TetherPenjualan
Bitcoin Bearish signals (1hr)
Let's take a look at the hourly chart.
The market rebounded from the resistance at 161.8 Fibonacci.
I see two strong bearish patterns - the rising wedge and the harmonic butterfly pattern .
Also Stochastic RSI and cRSI came out of the overbought zone and began to fall.
Probably this means that the correction for bitcoin is not finished, there was only a pause.
If I'm right, then we can expect the drop to the uptrend line at 4000 or to the last bottom at 3900 1.45% (for different exchanges the levels may differ).
Let's wait and see.
Good luck!
The market rebounded from the resistance at 161.8 Fibonacci.
I see two strong bearish patterns - the rising wedge and the harmonic butterfly pattern .
Also Stochastic RSI and cRSI came out of the overbought zone and began to fall.
Probably this means that the correction for bitcoin is not finished, there was only a pause.
If I'm right, then we can expect the drop to the uptrend line at 4000 or to the last bottom at 3900 1.45% (for different exchanges the levels may differ).
Let's wait and see.
Good luck!
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.