#Bitcoin
The weekly candle is going to close after 4 hours, and the candle till now is bearish and indicate that "we are going lower"
targets should be as follow:
- 39000
(closing under it daily is negative on daily frame)
- 36500
(bulls must protect this support as it's the most important support now)
- 30000
I don't want to make you panic but I see lower targets as the volume and indicators are not on the bull's side.
take care, and don't gamble with your money.
The weekly candle is going to close after 4 hours, and the candle till now is bearish and indicate that "we are going lower"
targets should be as follow:
- 39000
(closing under it daily is negative on daily frame)
- 36500
(bulls must protect this support as it's the most important support now)
- 30000
I don't want to make you panic but I see lower targets as the volume and indicators are not on the bull's side.
take care, and don't gamble with your money.
- As explained in the last bitcoin update, 36500 is our target, and closing daily under it is negative.
- it seems that the candle of today is going to close under 36500 and this is negative as said before.
- the weekly candle is already negative and the monthly candle should close above 36500 if we want to ease the pressure on bulls.
In my opinion, the market shall know pain soon.
take care and be careful