In order to alert you, signals of a correction before the next halving are on the table.
In first place, a huge divergence on the price in concordance with the rsi. Similar one to the 2021 dump of price, nevertheless i think this won't be as fatal as that one.
I expect a healthy retracement to 35-32k according to the fibonacci indicator, further could be catastrophic, but it is in a pre-bull market so it wouldn't be normal to not find a support at that price.
If i'm wrong please delete this from your mind, if not, be careful market is unpredictable. Good luck to everyone and happy christmas.
In first place, a huge divergence on the price in concordance with the rsi. Similar one to the 2021 dump of price, nevertheless i think this won't be as fatal as that one.
I expect a healthy retracement to 35-32k according to the fibonacci indicator, further could be catastrophic, but it is in a pre-bull market so it wouldn't be normal to not find a support at that price.
If i'm wrong please delete this from your mind, if not, be careful market is unpredictable. Good luck to everyone and happy christmas.
Zlecenie aktywne:
Resistance rejected again, it formed a bearish flag pattern. Support is at 40000-40500.. I expect a break below that level in the next days
Resistance rejected again, it formed a bearish flag pattern. Support is at 40000-40500.. I expect a break below that level in the next days
Zlecenie aktywne:
I was right, set your belts, we're going to 35k
I was right, set your belts, we're going to 35k