I see Bitcoin as ready to fall as its next move. Short sellers are positioning. Volumes are falling in a signal of capitulation. Relative strength is showing bearish divergence while price is in consolidation. The boxes are checked and it is the weekend when the price volume trend is typically sideways. This is demonstrated by the flatline PVT. I will...
this instrument has got two scenarios seem bearish to our eye as it has done its Distribution after showing some Regular Bearish Divergence with MACD which is the sign of trend reversal and a retracement unto the Fibonacci Golden areas but it is conditioned to break the blue trend line and if so the we can have our 2 bearish TPs... if not then we have the...
So, this technical analysis is so another interesting position in short. Also that work as signal to put in short position!!! So, in the H4 timeframe we see that we have a possibility to see a shoulder head shoulder inveted in this timeframe to then bulls are wait to buy in the lower level, remember that in the latest technical analysis of EUR/GHP that investor...