As the past teach us, when is a big rise or a big fall, sooner or later it will come the reverse.
I hightlighted last wicks from the big moves, folowed by falls, the pattern is the same right now, the only difference is now it crossed the 200 EMA and cracked the 3.600 resistance.
Support will remain the same, at 3.400 (is consolidated) and the last support at 3.200.
We will see after this accumulation where it will go, till then, Bitcoin is still in bearish (in 1D chart, this move is a drop of water in an ocean and is far far away from any uptrend.
RSI is oversaturated, Stoch RSI is also oversaturated and it crossed to a down move...
So...pay attention to a reversal!
Stay safe!
I hightlighted last wicks from the big moves, folowed by falls, the pattern is the same right now, the only difference is now it crossed the 200 EMA and cracked the 3.600 resistance.
Support will remain the same, at 3.400 (is consolidated) and the last support at 3.200.
We will see after this accumulation where it will go, till then, Bitcoin is still in bearish (in 1D chart, this move is a drop of water in an ocean and is far far away from any uptrend.
RSI is oversaturated, Stoch RSI is also oversaturated and it crossed to a down move...
So...pay attention to a reversal!
Stay safe!