Still be careful with BTC in short term

257 1
BTC has had a nice run, but traders may be ready to take some profits. RSI on the 3 and 4 hour charts has had lower highs since December and it just touch the top of the triangle. If this pattern holds true, then BTC will drop again, possibly to retest the 5-6000 resistance level and potentially lower. MACD also shows a similar triangle formation that needs to be broken through before there is clear evidence that this bear trend is reversing.

If the RSI trend is broken, then it suggests good news for BTC . I am going to be watching this closely.

Harmonic patterns have been present since the Dec downturn and also suggest BTC may still go lower.

This isn't a trade recommendation, but highlighting a potential change. If it drops, it may drop very quickly to recent lows or even lower.
Best of luck.
评论: Note - the red lines on MACD and RSI are for the 4 hour. The other lines are relative to other time scales and can be ignored for this analysis.
评论: On the 2-hour chart, it looks like we're approaching the moment of truth as to whether BTC can push through the recent patterns seen in both MACD and RSI. If it pushes through, we're likely to see continued uptrend. If not, it will likely retest the lows at least 1 more time.

Which way will it go?!? :)
ZH 简体中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 繁體中文
AR العربية
HE עברית
首页 股票筛选器 外汇筛选器 加密货币筛选器 财经日历 如何运作 图表功能 网站规则 版主 网站 & 经纪商解决方案 插件 图表库 功能请求 博客 & 新闻 常见问题 帮助 & 维基 Twitter
概述 个人资料设置 账号和账单 我的客服工单 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出