Ok, so this is something I've been showing you earlier. The divergences on AO, RSI and dropping volume in the highest price range lead to a massive sell off. Some have successfully pointed this was a classical example of Wyckoff distrubution.
This was all easy to see. So, using the basic charting techniques I want to present what's going to happen to Bitcoin depending on the upcoming moves. There are basically 2-3 scenarios mostly depending on the price action and indicators will follow to confirm the situation.
This was all easy to see. So, using the basic charting techniques I want to present what's going to happen to Bitcoin depending on the upcoming moves. There are basically 2-3 scenarios mostly depending on the price action and indicators will follow to confirm the situation.