Hello Dear Traders,
As u can see on chart btc found local demand at 53500$. on daily timeframe btc strong bearish, thts why on every rise btc is getting shorted.
on weekly timeframe btc has bearish divergence on RSI. tht will also impact on btc price.
if btc breaks 53k area then next solid demand zone is 50k. i m expecting btc might act 50k as psychological support.
alts are going bearish on daily timeframe, will give short sell trade setups in upcoming ideas
As u can see on chart btc found local demand at 53500$. on daily timeframe btc strong bearish, thts why on every rise btc is getting shorted.
on weekly timeframe btc has bearish divergence on RSI. tht will also impact on btc price.
if btc breaks 53k area then next solid demand zone is 50k. i m expecting btc might act 50k as psychological support.
alts are going bearish on daily timeframe, will give short sell trade setups in upcoming ideas
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