Price has gone a bit parabolic (+200%) while our indicators are showing signs of bearish divergence
Currently we have: Bearish divergence in RSI Bearish divergence in Histogram OBV wanting to cross bearishly Big hole in VPVR that needs filling in at some stage Gap in price around 4590 sats .786 fib links out with previous market structure break out (WYCKOFF check possible) Long term buy zone in green.
Im not saying price will go down to the .786 immediately, this is just my over all objective and price will do, what price will do.
Remember to "Plan your trade and trade your plan"
If you like what I do and would like to see more TA, hit the like button and consider subscribing. Thanks :)
@Erkan_Ozak, No, Why you want to get it from a wrong bottom it will not reach this price you would buy it from 5700 to 6000 not form 5100 now if you want to buy this is a good position 6200-6300
Erkan_Ozak
⋅
@malikadam, that was the post message. Like u remember, i am the person wrote expecting an earlier action before 5100 sats, right?
Cryptopapa1
⋅
@Erkan_Ozak, Aha yes, you bought already @ 5600 sat. Right?