KryptonuQ

BEARS ARE KNOCKING THE DOOR

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KryptonuQ تم تحديثه   
COINBASE:BTCUSD   بتكوين
Hi guys!

Let's get straight to the point.

Daily chart: Facts: Bearish Divergence on the daily RSI, Decreasing Volume, Forming Rising Wedge = We really are on the edge right now. A correction could happen anytime soon.

Weekly chart: Facts: Parabolic rising without any major correction, Stochastic RSI is at around it's maximum value since the beginning of March, Hammer candle = CORRECTION.


NOTE: I do see the forming bullish flag on the daily chart, and I also see that we tested a previous resistance as a new support. It could indicate that we might see a FAKE OUT upwards, than an immediate pullback.


TARGETS:

FAKEOUT: 9k
CORRECTION: 6.4k VPVR RESISTANCE (as you can see it is between two key fibbonaci levels too)


***It is not a financial advice, it is only my opinion***

If you have any question, leave a comment! If you liked the analysis please leave a like, thanks!
تعليق:
Looks like my FAKEOUT 9k target is playing out.
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