Previous 3 day prediction was spot on, let's see what then ext 3 days might bring.
Feels like bitcoin wants to retest USD14k resistance.
Retest pro indicator: daily MACD signal line just crossing over
Retest neutral-con indicator: RSI around 65 is not too overbought yet, but
Retest con indicator: touching the upper Bollinger band signals for a small correction.
Hence my rough prediction for a small correction, possibly back to 11k support levels.
Feels like bitcoin wants to retest USD14k resistance.
Retest pro indicator: daily MACD signal line just crossing over
Retest neutral-con indicator: RSI around 65 is not too overbought yet, but
Retest con indicator: touching the upper Bollinger band signals for a small correction.
Hence my rough prediction for a small correction, possibly back to 11k support levels.
Note
Scenario #1: Resistance break in 1-2 daysScenario #2: Correction down to USD11.5k in 2-3 days
Note
Looks like scenario #2 is upon us
Related publications
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.
Related publications
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.