Crypto-Swing

Bitcoin - A higher-higher?

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
With the Price Divergence growing stronger in the RSI, MACD and Volume, the recent peak to $29.1k in BTC looks like a point from which to correct.

In this study, I show the convergence at the $25.5 zone of the 0.5 level of the rising channel, the 1W200MA, the 1D50MA, the 0.618 level of the rally to $29.1k and the Unconfirmed Support level at $25.2k.

What do you think, are we in for a 10%+ correction to test the unconfirmed support level around $25.2k? Seems so to me.

If you would like more views and insights, for the cost of a cup of coffee, join me on Patreon: www.patreon.com/cryptoswing
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.