BitcoinViés de baixa
BTC
So much confluence took place at the 11.7k level
Kumo cloud support
Kijun support
Green box from past price support
Bollinger band support
What we saw was a shooting star doji play out due to all the support built up at that level and what I am looking at now is the significant bearish hidden divergence that has formed with the RSI and price. Hidden divergences are continuation of trends and BTC is still in a downtrend. Price is making lower highs however RSI has made a significantly higher high.
Price expectation for me is to see BTC drop to the 8.8k-9.3k level.
Kumo cloud support
Kijun support
Green box from past price support
Bollinger band support
What we saw was a shooting star doji play out due to all the support built up at that level and what I am looking at now is the significant bearish hidden divergence that has formed with the RSI and price. Hidden divergences are continuation of trends and BTC is still in a downtrend. Price is making lower highs however RSI has made a significantly higher high.
Price expectation for me is to see BTC drop to the 8.8k-9.3k level.
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