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Bearishorbullish

Bearish Divergence!!! Will it play out? If this divergence plays out I would not be too surprised if the price gets to 40k and that’s if I’m conservative about it. In my previous post, I show the bearish flag. If the price goes to 40k we may start testing the bearish flag support becoming resistance and then I assume it will indicate even more bearish move which may lead us to a lower 30k. Let me know what do you think, do you agree, can you add something to it, or do you think it’s wrong and we go up from here?
BITSTAMP:BTCUSDShort
by ECONOPEDIA
9
UPDATE: LINK Consolidation Before Major Price ActionLINK Update: LINK appears to be forming a rising wedge, which in most cases is a bullish pattern. However, if you zoom out, it can also appear to be forming an inverse head and shoulds, which would support the narrative of LINK putting another leg down to re-test the $12.00 region and lower. But, the market seems to have a bullish sentiment, thus a re-test of the $12.00 does not seem as likely but not out of the question.
by AB_Trading-Intelligence
DOT On Them Bearish or Bullish Vibes...?y Fellow Crypto Traders, Appreciate you taking the time to view my analysis which I hope you may find beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing. Cheers & Happy Trading! Note: This is not financial advice, nor am I a financial advisor. Therefore, my analysis should be taken with a grain of salt. ----------------------------------------------------------------------------------------------------------------------------------------------------- ANALYSIS: DOT 9EMA is flirting w/ hitting the downside, which means DOT may test VWAP for price validation. If there is no VWAP bounce, continuation to the downside for lower support footing @ $5.00 region. $5.27 has also been a key area of resistance for DOT, so if support is not confirmed selling pressure could hit, which would fit the narrative of a $5.00 support region re-test. Also, keep in mind if BTC gets ballzy and breaks ATH , we could see a minor dip in Alts till BTC cools off.
by AB_Trading-Intelligence
2