xuanhaimmoer

Bitcoin (BTC/USDT) - May have RSI divergence

xuanhaimmoer Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Hi guys, xuanhaimmoer come back here, so we will see review a little about how Bitcoin can follow in the next short term future.

In the last time, I predict that Bitcoin can happen Inverse Head & Shoulders pattern so now we are in the Head of pattern, next will be the Right Shoulder of pattern, the last chart in here:


Now in this chart I will make more detail about the next way we can follow. As you see RSI in downward parallel channel , and the index of RSI be in upper band of channel so I think we can go down more as well as the price can drop more to be establish Right Shoulder of H&S pattern.

At the lower point I hope we will have RSI divergence with the price in here and we will go up.

Also, wait for the signal from DMI 4c, this indicator show bear is stronger than bull right now and suitable with the drop of Bitcoin in several 4H candle before short term of uptrend.

Bitcoin also in Downward - Triangle pattern and hope we can break up the pattern.

The target for Bitcoin is 69xx - 70xx.

Hope you guys like this analysis and leave a LIKE for support me better. Thank for everyone because you are here with me !

Good luck and best wishes for all you !
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Comment: Update : We are in LONG ENTRY ZONE

Comment: Bitcoin 1H chart update now
Comment: BTC update
BITCOIN (BTC/USDT) - Bull in short term

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