Dear friends,
Looking at the larger picture it's currently making me more cautious about BTC right now.
Let's have a look at the Daily chart:
- RSI at 0.618 resistance
- Bearish divergence
- Price at multiple resistance and exhausted on shorter 4h TF
My short target is $6,800 for now.
All the Best from the Crypto Space
Alteroc
Not a Financial advise, be a better trader tomorrow than you are today by DYOR
If you liked the idea press the like button :)
Looking at the larger picture it's currently making me more cautious about BTC right now.
Let's have a look at the Daily chart:
- RSI at 0.618 resistance
- Bearish divergence
- Price at multiple resistance and exhausted on shorter 4h TF
My short target is $6,800 for now.
All the Best from the Crypto Space
Alteroc
Not a Financial advise, be a better trader tomorrow than you are today by DYOR
If you liked the idea press the like button :)
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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.
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.