BTC - Bearish RSI Divergence on Daily Chart.
Updated
Bearish Divergence has been Building on daily chart for quite some time now.
I was expecting a Blow off above 60k but that didn't happened for now. May still happen but should be a selling opportunity for the time being
Its a bull market and divergences like this one have 50-50 chances of working. Correction from this level is only bullish after a big run up.
Looking for 51k, 45k and 42k for a correction.
I was expecting a Blow off above 60k but that didn't happened for now. May still happen but should be a selling opportunity for the time being
Its a bull market and divergences like this one have 50-50 chances of working. Correction from this level is only bullish after a big run up.
Looking for 51k, 45k and 42k for a correction.
Trade active
2 targets reached so far rapidly..Awaiting final target of 42k.
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