Death cross on 1h might happen in less than 24 hours
Hi!
I am watching 1h chart and I can make following conclusion:
- Price is falling. I expect that it will fall further or move sideways.
- If i predict movement in same price range than I can expect prices aorund 7500.
- MA200 yellow and MA50 on 1h might cross tommorow morning around 7h.
- RSI is falling. It has been falling faster and faster. Current value is around 30, so it has some room to fall.
My prediction is that price will fall to 7000-7300 level. If it goes below 7k with force I think we might see 6k or even lover levels.
In few days there might be death cross also on longer time frame charts.
What wil happen in reality? Well the Btc will decide it's onw unpredicted way ;)
BR R.
I am watching 1h chart and I can make following conclusion:
- Price is falling. I expect that it will fall further or move sideways.
- If i predict movement in same price range than I can expect prices aorund 7500.
- MA200 yellow and MA50 on 1h might cross tommorow morning around 7h.
- RSI is falling. It has been falling faster and faster. Current value is around 30, so it has some room to fall.
My prediction is that price will fall to 7000-7300 level. If it goes below 7k with force I think we might see 6k or even lover levels.
In few days there might be death cross also on longer time frame charts.
What wil happen in reality? Well the Btc will decide it's onw unpredicted way ;)
BR R.
As you can see bitcoin is making fool of my prognose. It went oposite direction.
7k$ levels are currently out, bulls are in and pushing toward 8k$.
I will check this again in next days.
BR P.
p.s. So far I can say that result of fight btc vs Ruckusman is 1:0 ;(