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Lucabros
Mar 22, 2021 3:28 PM

Weekly bearish divergence Short

BITSTAMP:BTCUSD1W
Bitcoin / U.S. dollarBitstamp

Description

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I'm not sure if I'm the only one seeing this but I'm pretty bearish on BTC. Weekly bearish divergence on both RSI and volume. I think we are going to see an inversion in trend very soon.

Comment

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The weekly bearish divergent pretty much called out the top. In addition to that we now have a brash cross on the weekly MACD which called out the top of every BTC run, in addition to major support lever that we just broke.

I called it out back in March but now we have an even stronger confirmation that the run is over.

Comment

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Comment

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Pretty much called the top here. Will be watching out for the bottom
Trend AnalysisChart PatternsTechnical IndicatorsBTCUSDBTCbarish
Comments
OneDollarMan
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And 20k reached lol
a-bluetooth
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Yeah I saw the same but remember the divergenze in the price should be on the highs
temichd
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@a-bluetooth, so you think it will go to 70-77k area first and then divergence would play out?
a-bluetooth
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@temichd, yeah it can do it but better be ready
OneDollarMan
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I see the same thing, if correction come fisrt stop between 40-44k$ if dont resist then 30k, if dont resit than 20k we will see with BTC ist everything possible ^^
Lucabros
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@OneDollarMan, I 100% agree with you
Lucabros
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@OneDollarMan I guess we were right
OneDollarMan
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@Lucabros, :))
OneDollarMan
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@OneDollarMan, 30K ^^
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