CryptoCreamPuff

Will BTC CRASH or MOON?!? That's the QUESTION!!!

Short
COINBASE:BTCUSD   Bitcoin
DISCLAIMER: It is understood that all the suggested input of Maxime Desalle regarding this chart analysis are only recommendations / support from a business perspective and do not constitute in any way legal terms. To that extent you retain sole responsibility should you make use of such recommendations.

Good afternoon dear traders,

I hope you are doing great!

Current support is located at 8400 $. There is a resistance at 8550 $. The RSI is in an upward trend and already very high. BTC went out of the upward trend. The MACD could be better, I drew in white a possible M pattern that the MACD volume will follow. I have to admit that I'm surprised by the fact that BTC stays above the 8000 $! I will not predict something today because Bitcoin is just going up and down, always in one candle. That's why it's very difficult to predict something because these are very little pump & dumps.

Thank you for your support,

Maxime Desalle
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.