1.Bitcoin dumped quickly as soon as it reached 11850. Maybe it’s because of Binance, whatever, it means that the buy pressure isn’t strong enough, it turn out to be a fake out. Hope everyone set a stop loss.
2.Notice the blue line, we may have formed a bearish divergence. The price’s higher high isn’t that high enough, but we still need to be careful of it.
3.It has been a up trend for bitcoin, but a different direction divergence formed, which means that maybe the price will go sideways or go into a down trend. Continue pay attention to the support.
2.Notice the blue line, we may have formed a bearish divergence. The price’s higher high isn’t that high enough, but we still need to be careful of it.
3.It has been a up trend for bitcoin, but a different direction divergence formed, which means that maybe the price will go sideways or go into a down trend. Continue pay attention to the support.
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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.