TradingView
Nick010
Apr 30, 2020 11:35 PM
Bitcoin rejected, heading to new lows?
Short
BITSTAMP:BTCUSD
1D
Bitcoin / U.S. dollar
Bitstamp
Description
⋅
Apr 30, 2020 11:35 PM
Bitcoin looks like its failing to break the horizontal and descending broadening wedge resistance while making a double top on the RSI.
Let's have a look if bitcoin get's a second chance, or if this parabolic FOMO rally is coming down to new lows in the coming months.
Ideally, bitcoin would set a new low with a bullish divergence and rocket from there.
Chart Patterns
Wedge
Pivot Points
Bitcoin (Cryptocurrency)
bitcoinforecast
bitcoinshort
bitcoinanalysis
btcusdshort
BTC
Comments
cameljockey
⋅
May 1, 2020 11:23 PM
Agreed. Everyone says we are gonna moon, but when all the sheep walk in one direction you must walk the opposite direction. Whales move the opposite direction of the sheep.
macotta
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May 1, 2020 3:22 PM
I agree too!!!!
macotta
⋅
May 1, 2020 1:12 PM
👏🏻
Darkside999
⋅
May 1, 2020 12:27 AM
I agree with this
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