₿ Bitcoin Lacks Strength For Growth
₿ Bitcoin has found support in recent days at 0.618 of the entire upward wave from the bottom.
₿ But what concerns me is the lack of any reaction.
₿ This accumulation more heralds, for me, a continuation of the declines than of the increases.
₿ There is one more strong support zone ahead of us near 16k, maybe only landing there will trigger some reaction.
₿ Looking at the MACD and RSI I do not see any strength for the continuation of the upward movement at the current moment.
₿ The scenario I am playing out is to expect declines to the support zone marked on the chart. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
₿ Bitcoin has found support in recent days at 0.618 of the entire upward wave from the bottom.
₿ But what concerns me is the lack of any reaction.
₿ This accumulation more heralds, for me, a continuation of the declines than of the increases.
₿ There is one more strong support zone ahead of us near 16k, maybe only landing there will trigger some reaction.
₿ Looking at the MACD and RSI I do not see any strength for the continuation of the upward movement at the current moment.
₿ The scenario I am playing out is to expect declines to the support zone marked on the chart. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
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💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
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🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌
💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌
💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.