BEARISH DIVERGENCE
Looks like bitcoin may have some correction. I’ve said before and I’ll say it again bitcoin has a zone value of about 45K meaning the ATR is within the 45K range. The red horizontal trend line is a OB which is exactly where my hidden pivot has landed before it moves up. As always, there can always be a change of plans. I have no doubt bitcoin will have a fall correction.!
I’m still aiming at 49k
I’m still aiming at 49k
Note
Always remember, smart money will trade against our ideas. They will fake pump, making it look like the bullish momentum isn’t over but they will be working it down.
Note
If the downtrend doesn’t take place now, or by the end of the day, I’m expecting it by Sunday or Monday no later than Tuesday.Note
Smart money is not pushing up the price. It’s a HIGH RISK to enter.
Let me describe:
It’s like entering the sea knowing there’s BULL-SHARKS & KILLER WHALES. It’s an overbought zone.
"You hear the wind, but where does it go?"
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.
"You hear the wind, but where does it go?"
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.