Bitcoin correction?
Goodmorning to everyone..
This is my first idea published here.. But I am not a newbie..
BTW this is my Idea on BItcoin.. I think it is going to have a further correction.. Why?
On the daily chart we can see the price very near to the 200 EMA and the bearish trend line ..
Supporting my bearish idea we can see also on RSI a bearish divergence and a hidden divergence..
On the other indicator we can see the price in the overbought zone and a hidden divergence..
In an another post I will show you also the Weekly and the Monthly charts.. Both are suggesting us a further correction..
Luca
This is my first idea published here.. But I am not a newbie..
BTW this is my Idea on BItcoin.. I think it is going to have a further correction.. Why?
On the daily chart we can see the price very near to the 200 EMA and the bearish trend line ..
Supporting my bearish idea we can see also on RSI a bearish divergence and a hidden divergence..
On the other indicator we can see the price in the overbought zone and a hidden divergence..
In an another post I will show you also the Weekly and the Monthly charts.. Both are suggesting us a further correction..
Luca
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