BTC back to home/6100
hello guys
if you check out the one month chart of bitcoin you could see that the volume is going down and the macd and macd4c shows the price should go under the water for flying again. also RSI can continue it's consolidating around the bottom.
in other hands, the gold price bounced back from 1240$ and now 5d chart of gold shows the price can go higher and continue rising. the gold touched the trend line of 98's again and can see a new ATH. ok, why you consider gold? are you crazy? aaah no guys, i just comment it to your eyes to show you money is money and transferable around markets. people don't think about crypto/coin/token. they just trading. right???
so what's next?
in the one day chart i expect short and drop to 6100 again for making inverse h&s and rise again after that.
stay tuned
Thank you for like and comment
"The bear markets have 3 stages: a sharp drop, growth and a slow long-term decline. Often, after a sharp fall, traders react with a rebound and a slight increase. After this jump, however, there is a flat and long long-term downward trend." Bob Farrell
setmax
if you check out the one month chart of bitcoin you could see that the volume is going down and the macd and macd4c shows the price should go under the water for flying again. also RSI can continue it's consolidating around the bottom.
in other hands, the gold price bounced back from 1240$ and now 5d chart of gold shows the price can go higher and continue rising. the gold touched the trend line of 98's again and can see a new ATH. ok, why you consider gold? are you crazy? aaah no guys, i just comment it to your eyes to show you money is money and transferable around markets. people don't think about crypto/coin/token. they just trading. right???
so what's next?
in the one day chart i expect short and drop to 6100 again for making inverse h&s and rise again after that.
stay tuned
Thank you for like and comment
"The bear markets have 3 stages: a sharp drop, growth and a slow long-term decline. Often, after a sharp fall, traders react with a rebound and a slight increase. After this jump, however, there is a flat and long long-term downward trend." Bob Farrell
setmax
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