BITCOIN on verge of downtrend?
Hello traders as we see that price was unable to break 48400 trend line according to our previous prediction. It came to test the trend line but was unable to clearly break it. If we see RSI, price is still showing divergence, that means there is a lot of potential that after breaking the newly formed trend line price could start to fall . I expect the price to fall from this point as now it also tested a Pivot level too. To enter the trade wait for price to break upper trend line then trail your stop loss as price goes down.
NOTE!
Remember this is high volatility market. For small accounts your risk should be well calculated.
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NOTE!
Remember this is high volatility market. For small accounts your risk should be well calculated.
Traders if you liked this idea give it a like, share, comment and follow for more upcoming ideas.
Previous idea:
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