Tomorrow is April,
Correction soon? See price action at any support line for reversal,
Just prepare for good money and risk management
---- Now very risk to BUY
---- If you hold coin then consider TP some
---- See which support holds, buy again at that level
.
Question is ---> We have made a higher high and on up-trend but for how long? LOL
it could end from this moment onward.. Further more it's forming bear flag
.
Daily Chart,
-Sto. Momentum overbought and crossed down
- RSI overbought but possible to go up a bit more (52000)
- MACD gets weaker in light green
.
Weekly chart, WE broke 46800 now it holds, If we don't fall off we heading up 53500
MACD just crossed up is good sign
STO momentum almost reached OB and can go up a bit more but also can go down anytime
.
Monthly chart there's possibility that we still head further down
30,000 or lower is possible because of MACD and STO momentum isn't crossed up yet
RSI not yet hit the correction bottom level.
.
.
(One more thing , Massive bitcoin inflows to exchanges lately :)))
Correction soon? See price action at any support line for reversal,
Just prepare for good money and risk management
---- Now very risk to BUY
---- If you hold coin then consider TP some
---- See which support holds, buy again at that level
.
Question is ---> We have made a higher high and on up-trend but for how long? LOL
it could end from this moment onward.. Further more it's forming bear flag
.
Daily Chart,
-Sto. Momentum overbought and crossed down
- RSI overbought but possible to go up a bit more (52000)
- MACD gets weaker in light green
.
Weekly chart, WE broke 46800 now it holds, If we don't fall off we heading up 53500
MACD just crossed up is good sign
STO momentum almost reached OB and can go up a bit more but also can go down anytime
.
Monthly chart there's possibility that we still head further down
30,000 or lower is possible because of MACD and STO momentum isn't crossed up yet
RSI not yet hit the correction bottom level.
.
.
(One more thing , Massive bitcoin inflows to exchanges lately :)))
Note
Nothing changes from Previous analysis 
Note
MONTHLY STO MOMENTUM CONFIRMATION THAT I TALKED ABOUTNote
WEEKLY CHART ScenarioNote
If no correction at current support then will go up like that
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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.