MATRIXchartings

Bearish divergence on BTC

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
You can see that there is a solid bearish divergence on daily chart and it looks like we are slowly loosing the momentum. You can see the same divergence patterns in Dot, Eth, Ltc and so on..

I feel like it's time for a correction but keep in mind that charts doesn't give us everything because it can be pumped or dumped by whales.

Over all look is bearish on higher time frames.
Share your thoughts in the comments

Regards,

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.