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BTC is local TOP in and will the altcoins get a further relief ?

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Hello everyone,
I´m here with just quick update for a BTC/USD pairing and I think we can expect some side action in upcoming days.
Which means altcoins might see some further pushing as a BTC.D is melting down right now.

תמונת-בזק

As long as poeple will try to short BTC and shorts futures will continue to rise we can possibly see Bitcoin pushing higher and higher.

תמונת-בזק


Actually we can see bearish divergences across many indicators on the current technical analysis which might trigger the correction.


Keep tracking BTC.D as it is in the very important zone and we are waiting for a confirmation

BTC.D crucial zone to watch for


ChaChain
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Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.

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So far it looks like it is going as expected תמונת-בזק תמונת-בזק
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Reaching target of H&S. Might see a little bounce before further down here. (White line is the trajectory I expect) תמונת-בזק
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תמונת-בזק
הערה
So far playing as expected and it looks like bigger H&S might be formin תמונת-בזק

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