The cross is slowly continuing it's bearish movement.
The indicator in h4 highlight a overbought condition that need a retracement and confirm the bearish movement
The force index in d1 indicates that the last impulse to 8000 lost steam and confirm the bearish movement
The daily market pressure (-2.9) indicates a bearish market
The 7500 breakout will drive the cross to 4000 usd area that is the target of double top waiting for confirmation on the chart.
The slow movement highlight that is not a dump but money is flowing out the BTC going into alts that is growing a lot in 2 days.
The indicator in h4 highlight a overbought condition that need a retracement and confirm the bearish movement
The force index in d1 indicates that the last impulse to 8000 lost steam and confirm the bearish movement
The daily market pressure (-2.9) indicates a bearish market
The 7500 breakout will drive the cross to 4000 usd area that is the target of double top waiting for confirmation on the chart.
The slow movement highlight that is not a dump but money is flowing out the BTC going into alts that is growing a lot in 2 days.
Note
Media sentiment has changed .. this post has been published today in the main italian finance newspaper
ilsole24ore.com/art/finanza-e-mercati/2017-11-17/preparatevi-scommettere-contro-bitcoin-163425.shtml?uuid=AEaKqnDD
Note
this is the english and pubblic version of the articledrive.google.com/file/d/1zQ8JQH098jZQ-fYCbk_JFy-HwuCyYVqr/view?usp=sharing
Analysis based on the signals of Marketmiracle advisor.
Website
marketmiracleadvisor.com/
to get advisor signals for free.
Telegram : t.me/MarketMiracleAdvisor
Miracle Viewer :
youtube.com/watch?v=WUkXXqxeoR0&t=2s
Website
marketmiracleadvisor.com/
to get advisor signals for free.
Telegram : t.me/MarketMiracleAdvisor
Miracle Viewer :
youtube.com/watch?v=WUkXXqxeoR0&t=2s
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Analysis based on the signals of Marketmiracle advisor.
Website
marketmiracleadvisor.com/
to get advisor signals for free.
Telegram : t.me/MarketMiracleAdvisor
Miracle Viewer :
youtube.com/watch?v=WUkXXqxeoR0&t=2s
Website
marketmiracleadvisor.com/
to get advisor signals for free.
Telegram : t.me/MarketMiracleAdvisor
Miracle Viewer :
youtube.com/watch?v=WUkXXqxeoR0&t=2s
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.