With the Price Divergence growing stronger in the RSI, MACD and Volume, the recent peak to $29.1k in BTC looks like a point from which to correct.
In this study, I show the convergence at the $25.5 zone of the 0.5 level of the rising channel, the 1W200MA, the 1D50MA, the 0.618 level of the rally to $29.1k and the Unconfirmed Support level at $25.2k.
What do you think, are we in for a 10%+ correction to test the unconfirmed support level around $25.2k? Seems so to me.
In this study, I show the convergence at the $25.5 zone of the 0.5 level of the rising channel, the 1W200MA, the 1D50MA, the 0.618 level of the rally to $29.1k and the Unconfirmed Support level at $25.2k.
What do you think, are we in for a 10%+ correction to test the unconfirmed support level around $25.2k? Seems so to me.
If you would like more views and insights, for the cost of a cup of coffee, join me on Patreon: www.patreon.com/cryptoswing
