BitcoinShort
Bitcoin prediction 23-9-2021
Bitcoin prediction
According to my technical analysis, bitcoin has two scenarios, the most likely is bearish according to the chart
Firstly
Bitcoin crossed below the red line and now it retest it with LOW volume and the RSI is over bought and it faces a resistance @ 44500, 45300
13&20 MAs crossing 50 MA and that's a bearish also
Second Scenario
If and Only if Bitcoin tries to break the resistance with High volume and then goes to retest the red line and bounce up so it will be a good starting to the bullish run again
According to my technical analysis, bitcoin has two scenarios, the most likely is bearish according to the chart
Firstly
Bitcoin crossed below the red line and now it retest it with LOW volume and the RSI is over bought and it faces a resistance @ 44500, 45300
13&20 MAs crossing 50 MA and that's a bearish also
Second Scenario
If and Only if Bitcoin tries to break the resistance with High volume and then goes to retest the red line and bounce up so it will be a good starting to the bullish run again
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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.
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.