Hello guys, in this technical analysis. Bitocin is show weak of the trend, and also, we are into in this chartist pattern
So we have in the bearis rising wedge, and so, this is very short postiion to put into of there.
So, for now, the movement is bearish and also, we have confirmation in two indicators, MACD IS weak the histogram and the RSI too.
So we have in the bearis rising wedge, and so, this is very short postiion to put into of there.
So, for now, the movement is bearish and also, we have confirmation in two indicators, MACD IS weak the histogram and the RSI too.
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At the moment, the sentiment of Bitcoin is bearish, the confirmation is ok and we can see in the next hours a Bitcoin drop. .
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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.