There is my current scenario for BTC. In point B1 and (B) there is bearish divergence (RSI for B1 is higher than for (B) ). Now, the wave CD could be started to form. The end of the wave CD could be at $7700 (CD=1,13AB; CD=1,272BC).
There is also possible to go deeper to $6900-$6800. In this case the Bat formation will be created (bullish).
In my opinion, a confirmation of this scenario will occur when daily candle will close below $9220.
The scenario will be not valid when a candle will close above $10000.
There is not any financial advisor, it’s just my scenario for BTC.
There is also possible to go deeper to $6900-$6800. In this case the Bat formation will be created (bullish).
In my opinion, a confirmation of this scenario will occur when daily candle will close below $9220.
The scenario will be not valid when a candle will close above $10000.
There is not any financial advisor, it’s just my scenario for BTC.