Hello dear followers, newcomers, traders & investors
This is update for chart below as drop played out in the redbox but bearish divergence extended even further meanwhile price kept rising
The longer the divergence extends ( indicators going further down meanwhile price stil keeps rising)
The faster and sharper is the knife (correction,drop,dip) in unexpected time
I´m not saying price can´t go higher to 10 even 12K because media attention and FOMO is big at the moment
but if we keep rising now even to 20K then very bad and long correction is needed like in the run from 6 to 20K which happend in just 3 weeks and correction took exactly 1 year
** This is not a financial advice so always trade on your own risk and only the capital which you can afford to loose **
This is update for chart below as drop played out in the redbox but bearish divergence extended even further meanwhile price kept rising
The longer the divergence extends ( indicators going further down meanwhile price stil keeps rising)
The faster and sharper is the knife (correction,drop,dip) in unexpected time
I´m not saying price can´t go higher to 10 even 12K because media attention and FOMO is big at the moment
but if we keep rising now even to 20K then very bad and long correction is needed like in the run from 6 to 20K which happend in just 3 weeks and correction took exactly 1 year
** This is not a financial advice so always trade on your own risk and only the capital which you can afford to loose **
Note
Daily indicators looks bearish too Note
Price dropped in expected sell clima and bounced again because hit expected line support and formed bull divergence 
Anonymous investor teaches how to master the game towards PERSONAL GRADUAL GROWTH4FREE
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IF YOU LIKE MY WORK, THEN PLEASE CONSIDER GIVING A THUMB UP TO SUPPORT ME & hit follow so you dont miss any of my new ideas.
Thanks
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.
Anonymous investor teaches how to master the game towards PERSONAL GRADUAL GROWTH4FREE
IF YOU LIKE MY WORK, THEN PLEASE CONSIDER GIVING A THUMB UP TO SUPPORT ME & hit follow so you dont miss any of my new ideas.
Thanks
IF YOU LIKE MY WORK, THEN PLEASE CONSIDER GIVING A THUMB UP TO SUPPORT ME & hit follow so you dont miss any of my new ideas.
Thanks
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.