Hi friends,
We have strong divergence on the following indicators: RSI - MACD - Momentum
and it seems that bitcoin has formed ending diagonal which is mentioned in Elliot wave theory that it is a strong sign of the weakness of the wave and the end of the up trend.
For those who want take risks i think 11590 is a decent SL
We have strong divergence on the following indicators: RSI - MACD - Momentum
and it seems that bitcoin has formed ending diagonal which is mentioned in Elliot wave theory that it is a strong sign of the weakness of the wave and the end of the up trend.
For those who want take risks i think 11590 is a decent SL
