Bitcoin Bearish Divergence rsi and O/B Stoch on Weekly Chart !
Sup Bitcoiners,
Bearish divergence rsi on weekly time frame ! 50 Ema sits around $8900 and its moving up towards $9666 gap. We are just waiting for stoch rsi to enter the free fall zone in coming days/weeks for the final shakeout. Bitcoin ran out of time to close above $12360.00 ( August 5 2019 resistastance ) as i mentioned in my previous posts. it can still make one more run to break 12k and wick back down and continue the downtrend or just go sideways for weeks until it Rsi/stoch bottoms out.
Bitcoin has closed 6 candles above 12k only in its entire life and there is no reason to buy the top until we close above that level.
Please Like and Comment !
WinXSell Team
Bearish divergence rsi on weekly time frame ! 50 Ema sits around $8900 and its moving up towards $9666 gap. We are just waiting for stoch rsi to enter the free fall zone in coming days/weeks for the final shakeout. Bitcoin ran out of time to close above $12360.00 ( August 5 2019 resistastance ) as i mentioned in my previous posts. it can still make one more run to break 12k and wick back down and continue the downtrend or just go sideways for weeks until it Rsi/stoch bottoms out.
Bitcoin has closed 6 candles above 12k only in its entire life and there is no reason to buy the top until we close above that level.
Please Like and Comment !
WinXSell Team
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