BITCOIN(Bitfinex:BTCUSD,COINBASE:BTCUSD,BITMEX:XBTUSD) may dump soon. Reasons:
Overbought/Resistance (Yellow) in 85minute & 170minute
RSI Divergence
MACD Divergence and lower high
Long wick above on the top in 1H time frame
Main altcoins are weaker than Bitcoin
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ความคิดเห็น
There is a new rise, which is stronger than expectation, However, be careful, this can be Bull Trap, compared to Mar 21, it might be different than that, but think about it, when and where did whales buy?
ความคิดเห็น
When Bitcoin is challenge new high, Altcoins are watching and waiting, for what --- Bitcoin becomes exhaust and dumps.
ความคิดเห็น
There is no problem with this Short Signal, the problem is that I should have listened to the indicator of Breakout, as explained in my new idea: