Hello, nice to see you again..
Now I want to show you the possibilities for bitcoin price movement based on my indicator.
Bearish divergence in daily time frame showed up with the orange, coincide with the price touched the upper channel line, and 50 Weekly moving average is stay on 5480. This mean that bitcoin stopped at heavy resistance around 5500-5600.
As long as bitcoin price doesn't back to 5500-5600, bear is in control. My other indicator which is T3-CCI, when it start showing downward, that's not good for bull. And, my target IF the dump continue is 3800 area.
Happy Trading, Play Safe.
Now I want to show you the possibilities for bitcoin price movement based on my indicator.
Bearish divergence in daily time frame showed up with the orange, coincide with the price touched the upper channel line, and 50 Weekly moving average is stay on 5480. This mean that bitcoin stopped at heavy resistance around 5500-5600.
As long as bitcoin price doesn't back to 5500-5600, bear is in control. My other indicator which is T3-CCI, when it start showing downward, that's not good for bull. And, my target IF the dump continue is 3800 area.
Happy Trading, Play Safe.