So, we have the following situation — Bitcoin can easily form a bearish divergence on a monthly chart if the candle closes above the $16400 level.
There are two possible options:
1. We use the rest of November to pump as high as possible, then divergence will be formed and December would be bearish for Bitcoin that will correct after such a sharp growth
2. The price stays below $16400 - $17000 zone by the end of the month, then December would be bullish and Bitcoin will grow with almost no correction during the whole month
There are two possible options:
1. We use the rest of November to pump as high as possible, then divergence will be formed and December would be bearish for Bitcoin that will correct after such a sharp growth
2. The price stays below $16400 - $17000 zone by the end of the month, then December would be bullish and Bitcoin will grow with almost no correction during the whole month
Work in the team of Crypto Klondike.
Website:
klondikepro.com/
Public Telegram Channel:
t.me/CryptoKlondike
Join Bybit with us:
goo-gl.su/ibF9Y
Twitter:
twitter.com/Robert_Klondike
Email:
ekstraruto@gmail.com
Website:
klondikepro.com/
Public Telegram Channel:
t.me/CryptoKlondike
Join Bybit with us:
goo-gl.su/ibF9Y
Twitter:
twitter.com/Robert_Klondike
Email:
ekstraruto@gmail.com