Bitcoin failed to hold multiple Rejection levels
hey welcome for a short update on Bitcoin BTC
now am be clear here that in above chart i see Bitcoin failed to hold multiple support levels and looks like bulls are loosing momentum for now, so i see a potential drop or a healthy correction from this levels in short term.
my custom rsi in 1h chart entered in green zone, strong indication of reversal
in 4h chart prices have left the red zone indicating loss in momentum
21 WEMA the major level sitting around 8140, here we didn't get two daily closes above this level to confirm the potential breakout plus we also get a Spinning top doji in daily chart indicates heavy sell pressure in this area
that's all for now hope this idea will help you making lots of profits like the previous one's
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this is husain zabir signing out...
thankyou...
now am be clear here that in above chart i see Bitcoin failed to hold multiple support levels and looks like bulls are loosing momentum for now, so i see a potential drop or a healthy correction from this levels in short term.
my custom rsi in 1h chart entered in green zone, strong indication of reversal
in 4h chart prices have left the red zone indicating loss in momentum
21 WEMA the major level sitting around 8140, here we didn't get two daily closes above this level to confirm the potential breakout plus we also get a Spinning top doji in daily chart indicates heavy sell pressure in this area
that's all for now hope this idea will help you making lots of profits like the previous one's
to join premium dm me
this is husain zabir signing out...
thankyou...
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