Bitcoin short-term view - RSI double top - correction likely
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Bitcoin short-term view - RSI double top - correction likely after reaching EMA200 (4h chart)
Despite the fact that $31.140 should now be strong support a correction down to $29.720 would be totally okay.
In this area we have the SMA200 and FIB golden pocket.
What do you think?
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*not financial advice
do your own research before investing
Despite the fact that $31.140 should now be strong support a correction down to $29.720 would be totally okay.
In this area we have the SMA200 and FIB golden pocket.
What do you think?
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*not financial advice
do your own research before investing
Commentaire
A bearish divergence is playing out - another signal for correction
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