Looking at BTC on the daily chart
* Willy stupidly overbought and has a M failure
*Still no structure in the histogram to confirm bullish or bearish divergence
*OBV M top but still hasn't crossed bearish
*Bearish divergence in volume
*Price wicked down to the .382 where on the CME chart shows a big price gap that needs filling
*Can the 50ma catch up to price to act as more support?
*We have a double distribution in VPVR with 2 big notches that need filling
*I do think we need to come back down to the 382 to will in that tail that BTC left
* Don't forget to hit that like button and follow me on Trading View and Twitter for more chart analysis :)
* Willy stupidly overbought and has a M failure
*Still no structure in the histogram to confirm bullish or bearish divergence
*OBV M top but still hasn't crossed bearish
*Bearish divergence in volume
*Price wicked down to the .382 where on the CME chart shows a big price gap that needs filling
*Can the 50ma catch up to price to act as more support?
*We have a double distribution in VPVR with 2 big notches that need filling
*I do think we need to come back down to the 382 to will in that tail that BTC left
* Don't forget to hit that like button and follow me on Trading View and Twitter for more chart analysis :)
Trade active:
Comment:
BTC dominance
