BTCUSDTBTCUSDhi guys , I was seeing all the hype with btc making a new ATH and all that and I wanted to just warn you all about this divergence that has been forming on the charts for a while now.
So according to what I see on the charts we will continue moving up probably to price target of 1.618 Fibonacci level witch is nearly at 57500 in the next 1 or 2 weeks but what I'm saying is that we should trade very cautiously at this point and keep an eye on these levels because if we hit the line again and also be in an euphoria we will have big downwards movements in my opinion.
So all I can say is to always trade cautiously , always take profit and don't be greedy.
If my idea was helpful please leave a like and comment your opinion for me and consider following me for more content!!
Thanks!! (¬‿¬)
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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.