Helical_Trades

Convergence but major Bearish

BINANCE:BTCUSDT   Bitcoin / TetherUS
BINANCE:BTCUSDT

Hello everyone.
as we can see :
- Stochastic RSI is cold down there..
- also RSI is on edge of over sold area..
- then we got matched touch on BB ( Bollinger Bands and Stochastic RSI ) and convergence after it !

So it seems to be bullish but the major thing is about the connection between USD dollar, GOLD and S&P index with Crypto currencies !!

GOLD is on a free fall channel and it means there is a chance to see this free fall candles on BTC neither,
by the way SPX is bearish neither :(

After all on bearish side, we have :
- BTC ( 4H ) closed under 100 EMA
- Crypto MARKET CAP is bearish neither
- BTC dived into some critical support lines

so there is no advice to open a position, just do some little scalping.

HIT LIKE and Gimme some comment if you like my own TA.
I will appreciate all.

have a good day.
- Helical_Trades
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Comments

Amazing Chart! thanks for sharing it! 🤟🏻
+1 Reply
Helical_Trades plancton0618
@plancton0618, Thank you dear,
its my pleasure.
also you published an amazing chart there !
+1 Reply
plancton0618 Helical_Trades
@Helical_Trades, thanks mate 🦐🔥
+1 Reply
VeryNiceWork
Reply
@PolarHusk, TY sir,
I really appreciate it.
Reply
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