I think we are going to smash through the 3k level this time. Bullish on eth and btc for this week and next week! Bullish divergence forming on the 4 hour for RSI as well!
Bullish divergence on the 4-6 hour chart and I think we are going to blast through this 4 hour down trend channel this time. If it blasts through we could touch 56k again!
BTC HAS MOMENTUM TO COME DOWN. I THINK ITS GOING TO END UP HITTING AT THE BOTTOM OF THE 4 HOUR CHANNEL AT 25K SOON
I dont think we are breaking up I think we may break to bottom of down trend channel that has been formed lately. Target is 1600-1900 for short. There may be some support at 2500 but I think its going to break to downside after. Trade treadfully folks!
🇯🇵 Unemployment Rate (MAR) Actual: 2.6% Expected: 2.9% Previous: 2.9% Unemployment rate dropped in Japan/news came out today and AUD looks overbought. Shorting to target 83.6-84.5 support levels.
If price target of $54,000 fails then I believe that BTC will go down to $49,500 resistance. If it drops below that I believe it will hit $47,500. Next support would be around $43,000.