Beware: Bitcoin show weakness!!! The trend go to reversal
At the moment, looking in Daily timeframe, Bitcoin it's turn bearish in H12 timeframe, but if you look the smal timeframe like H4, it's turn bearish and we see an simetric triangle, but looking more in H12 timeframe, this candlestick it's a bearish signal. Right now, I will going to sell my altcoins and Bitcoin as I know htat if Bitcoin drop, Ethereum, Chainlink, Cardano, XRP, EOS, Tezos and Litecoin drop too.
s3.tradingview.com/s...shots/n/nmgCeT14.png
In Daily timeframe it's still bearish sentiment as MACD show higher low in the indicator, as we see in H12 timeframe too. So, I have a forecast that Bitcoin can to go back to $45,000 USD. The $45,000 USD level it's very important to support by long term, as Bitcoin continue up. This week, this movement was surprise for us as Bitcoin doesn't have success to make support above of $60,000 USD, maybe I thinking that was that Bitcoin it's overbought, and correction it's neccesary for the health asset.
s3.tradingview.com/s...shots/y/ykBrA7pm.png
This it's the panoramic in 3 Daily timeframe
s3.tradingview.com/s...shots/v/Vyv96IIX.png
And looking the weekly timeframe, it's look bearish, maybe in these weeks, Bitcoin show a consolidation during the past weeks. And then, I hope this movement to $45,000 USD level.
Guys, altcoins and Bitcoin may to reversal the trend, be carefull to trade.
s3.tradingview.com/s...shots/n/nmgCeT14.png
In Daily timeframe it's still bearish sentiment as MACD show higher low in the indicator, as we see in H12 timeframe too. So, I have a forecast that Bitcoin can to go back to $45,000 USD. The $45,000 USD level it's very important to support by long term, as Bitcoin continue up. This week, this movement was surprise for us as Bitcoin doesn't have success to make support above of $60,000 USD, maybe I thinking that was that Bitcoin it's overbought, and correction it's neccesary for the health asset.
s3.tradingview.com/s...shots/y/ykBrA7pm.png
This it's the panoramic in 3 Daily timeframe
s3.tradingview.com/s...shots/v/Vyv96IIX.png
And looking the weekly timeframe, it's look bearish, maybe in these weeks, Bitcoin show a consolidation during the past weeks. And then, I hope this movement to $45,000 USD level.
Guys, altcoins and Bitcoin may to reversal the trend, be carefull to trade.
