Why? 1. 4H shows RSI bearish divergence. 2. According to that gann square, it's between 4th and 5th arcs and it's shown a lot of resistance. 3. There's a head and shoulders on the making. 4. Volume is getting lower which may indicate that the bull run is coming to an end. 5. There's a lower high which retested 6k. 6. Daily MACD crossed down and RSI is overvalued.
تعليق
7. There's a dead cross in the 1h using MA 200 and MA 50. BTC didn't recover for a while after that happened in july, 25 and sept, 08.
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