BTC (Bitcoin) Bullish OR Bearish..!!
BTC (Bitcoin)
Descending Channel..!!
- Price Hanging Between KUMO Cloud & Falling Channel in Daily Timeframe..
- Major Indicators Are Turning Bearish But For Now 9.2k Support is the Last Hope For BULLS..
- If Holds the Support then Another Pull Back Expected From 9.2k Support to 10.4k
Bearish Triangle..!!
- Bitcoin is Forming Bearish Triangle Pattern in Daily Chart ..(Not Completed Yet)
- Major Indicators ( MACD & RSI ) Turning Bearish ..
- IF BTC Broke the Support (9.2k) Then It Could Fall Badly..
Falling Wedge..!!
- In Shorter Timeframe, BTC Forming Falling Wedge Pattern As well..
- if Follow this Pattern then It Could Test 9700$ tiny Support.
- So if it Work out, Then We May Expect Upward Bounce..
BTC Dominance..!!
- BTC Dominance Has at Top & Facing Very Strong Resistance ..
- I think Dominance will Dump Hard in Coming Days..( RSI Overbought + MACD and RSI Bearish divergence)
- It'll be Beneficial For ALTS/BTC .
Please, give us your opinion in the comments!
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Join Telegram Channel for more analysis - t.me/CryptoCove
The information given is never financial advice. Always do your own research.
Descending Channel..!!
- Price Hanging Between KUMO Cloud & Falling Channel in Daily Timeframe..
- Major Indicators Are Turning Bearish But For Now 9.2k Support is the Last Hope For BULLS..
- If Holds the Support then Another Pull Back Expected From 9.2k Support to 10.4k
Bearish Triangle..!!
- Bitcoin is Forming Bearish Triangle Pattern in Daily Chart ..(Not Completed Yet)
- Major Indicators ( MACD & RSI ) Turning Bearish ..
- IF BTC Broke the Support (9.2k) Then It Could Fall Badly..
Falling Wedge..!!
- In Shorter Timeframe, BTC Forming Falling Wedge Pattern As well..
- if Follow this Pattern then It Could Test 9700$ tiny Support.
- So if it Work out, Then We May Expect Upward Bounce..
BTC Dominance..!!
- BTC Dominance Has at Top & Facing Very Strong Resistance ..
- I think Dominance will Dump Hard in Coming Days..( RSI Overbought + MACD and RSI Bearish divergence)
- It'll be Beneficial For ALTS/BTC .
Please, give us your opinion in the comments!
If you like the idea, please, hit the Like button and subscribe to the profile in order not to miss our updates.
Join Telegram Channel for more analysis - t.me/CryptoCove
The information given is never financial advice. Always do your own research.
Follow me On Twitter & Telegram For More Regular Updates..!!
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