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This is what a BTC shakeout looks like now?
Bitcoin / TetherUS
Short
This is what a BTC shakeout looks like now?
By Eldal
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Updated
Nov 17, 2021
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Nov 16, 2021
From the look of things, this shakeout could just be getting started.
We've got the false bar stoch letting up on daily timeframe. TOTAL ticker is at 3.618 fib on weekly and highly overbought stochastic. See comments.
Moving averages just starting to death cross on daily timeframes.
Nov 16, 2021
Comment
Nov 16, 2021
Comment
This is TOTAL weekly showing trend based fib extension hitting 3.618 ^^
Nov 17, 2021
Comment
I think we will keep dropping to 52k area based on the stochastic and rsi still having room on daily. As well heikin ashi bars are still bearish.
Bitcoin (Cryptocurrency)
BTC
BTCUSD
BTCUSDT
Moving Averages
Oscillators
Trend Analysis
Eldal
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