BTC already struggled to keep itself above 12k.
Now is the time to make a big correction imo.
What are the signs of a start of a reversal move :
- We have a CME Futures gap on 9670USD level
- We have a crystal clear bearish divergence on daily TF on RSI indicator (rsi length=14)
- We have a rising wedge which is a bearish chart pattern.
Possible time to enter a short trade = break of 11500 USD
TP1: 10500 USD
TP2 : 9700 USD
Now is the time to make a big correction imo.
What are the signs of a start of a reversal move :
- We have a CME Futures gap on 9670USD level
- We have a crystal clear bearish divergence on daily TF on RSI indicator (rsi length=14)
- We have a rising wedge which is a bearish chart pattern.
Possible time to enter a short trade = break of 11500 USD
TP1: 10500 USD
TP2 : 9700 USD