BITCOIN-A trend line to a better price.
Hi everyone
After a bear climactic behavior from BTCUSDT in weekly time frame, we had a LH MTR which took the price to today's level.Now we can see a divergence in 4 hours time frame on RSI which can lead to lower prices.
IN 1 hours chart, a trading range with more than 16 bars is visible. this can be a final flag in a bull trend and create a HH MTR, turning our sharp bull to weaker but steady bull trend.
Hope this analysis helps you in a way.
I will answer your questions,Just leave a comment below and PRESS THE LIKE BOTTOM please.
After a bear climactic behavior from BTCUSDT in weekly time frame, we had a LH MTR which took the price to today's level.Now we can see a divergence in 4 hours time frame on RSI which can lead to lower prices.
IN 1 hours chart, a trading range with more than 16 bars is visible. this can be a final flag in a bull trend and create a HH MTR, turning our sharp bull to weaker but steady bull trend.
Hope this analysis helps you in a way.
I will answer your questions,Just leave a comment below and PRESS THE LIKE BOTTOM please.
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