BTC -
Forming a head n shoulders pattern on daily chart
Bearish candlestick pattern
Ichimoku TA
Has been in long term uptrend.
Broke the Tenkan sen support for the 1st time after March 2017 but still above cloud.
Trend line support
Interesting to watch whether it gets support at the red trend line - 2300$
Or the blue trend line - 1900$
MACD - Still in bearish mode
RSI - dipped below 50% since March 2017
Forming a head n shoulders pattern on daily chart
Bearish candlestick pattern
Ichimoku TA
Has been in long term uptrend.
Broke the Tenkan sen support for the 1st time after March 2017 but still above cloud.
Trend line support
Interesting to watch whether it gets support at the red trend line - 2300$
Or the blue trend line - 1900$
MACD - Still in bearish mode
RSI - dipped below 50% since March 2017