BTC is rolling over just as I drew on my charts last week and during our live Wednesday class.
We have a Bearish ERI signal (Custom) on the daily and our Trend Strength Indicator (TSI) is also rolling over printing a Red reversal signal.
Will be interesting to see how the weekly chart closes tomorrow.
For now, looks like we're heading lower and I would expect to see a drop to around the 17K level for a bounce, but ultimately looking for a bigger drop to the 400 Week Moving Average around $12,500 and the possibility of a capitulation to down to $10,000 or even $9750 where the last remaining unfilled CME gap is located.
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.