Be careful #bitcoin This maybe is #Trap Look at the red line of #RSI. It is still in danger zone Have a good weekend
As I said at 1D Timeframe, 4H TF is forming a growth divergence in RSI and LOW PRICE ( on chart ) PS: I am big fan of divergence
I drew some divergences. all arrows followed DIVERGENT principle. Current: some recent candles try down or fluctuate 40k->44k to form a NEW UP DIVERGENCE( RSI UP, PRICE DOWN or STRAIGHT bases on LOW PRICE -> It is building on 4H TF) PS: I am big fan of divergence
As chart, we see triangle and parallel up Btc followed parallel line and is reaching at the end of triangle. BTC price is below fib 0.5 So what will be going on today or at 2-3 next days ?? Time will tell. In my opion, btc try to fall again to accumulate and then Pump strongly Just my view. I dont push what you must do. Just invest in your afforable.
BTC chart will be reach 43k and falling strongly if it would be under 43k in 1-2 candles. dont invest without no knowledge and blame my chart.. please be cautiouse with your wallet.