we can sea clear bearish divergence in RSI and MACD with the daily chart for BTC has broken the 50 EMA , as the trend is in a channel now bear seems to be more powerful as the RED sticks are becoming stronger RSI have come below 50 and MACD seems to be bearish as well
probable outcome: BTCUSDT can come down around 42k testing the 200 EMA
seems like its also forming a cup patttern,but need to wait for conformation may be 2- 3 weeks at least
and people like us who are the common public ,who always participate last .the whales can get all the liquidity to see the coins
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.