As we all have seen, BTC had a really great rally in the last few days and went upto 9760 on Bitfinex.
In the last 24 hours, it nearly fell a thousand dollars and is back to the point from where it started 2 days back. The short term chart doesn't look good from here.
Let us see some key points here:
*MACD still seems although the signal is ot evident from wave line.
*RSI is also not strong and is moving in the zone of 30-45.
*Value of Flow indicator has fallen below Zero which means state.
*Moving Average(30 days) is supporting near term movement.
Possible Reversal zones:
P.S: This is not an investment advice, and i am just learning. This is for educational purpose only. Invest you capital at your own risk.
Those who wish to achieve greatness,
never seek for permissions.
They follow what their heart says,
and do what their mind states!
Good luck trading.!
(Just y anticipation)
Thank you for sharing your chart too :)