Bitcoin Weekly Chart
Proceed with caution!
I see a lot of bullish sentiment starting to emerge which already signs of warning. In addition we are given some clear clues that prices might decline in the coming weeks.
Analysis:
- Price has been increasing slowly while volume is dropping.
- Price is at strong resistance.
- Stochastic RSI is at the same level as when Bitcoin was at $20.000 and looks ready to crossover bearish.
Also most of the Alts that have been doing well seem to be at strong resistance, with this all colliding I'm expecting a pull back.
I see a lot of bullish sentiment starting to emerge which already signs of warning. In addition we are given some clear clues that prices might decline in the coming weeks.
Analysis:
- Price has been increasing slowly while volume is dropping.
- Price is at strong resistance.
- Stochastic RSI is at the same level as when Bitcoin was at $20.000 and looks ready to crossover bearish.
Also most of the Alts that have been doing well seem to be at strong resistance, with this all colliding I'm expecting a pull back.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.