Is Bitcoin local TOP in ? (Looks like reversal is comming)

2019年5月30日

It´s a while since I´ve called a bottom and reversal based on
RSI bull divergence in undersold area with falling wedge pattern as seen on chart bellow

Now we have exactly opposite conditions which means
Bearish divergence in overbought area and rising wedge.

Can Bitcoin sustain further grow now ? I don´t think so ! Correction imminent in my eyes !


But remember this is not a financial advice

This is only my opinion, which I create with amount of skill & research. If you trade based of the opinions and TAs of others, you are putting your investments at risk. So, PLEASE do yourself a favor learn from the TAs of others, but only trade based on YOUR OWN RESEARCH & SKILL !!
If you don't, you deserve to lose every penny you put into the market.

2019年5月30日

註釋

Indicators at 5D chart also looks very toppy to me

2019年6月4日

註釋

This is possible trend & fractal which Im expecting

2019年6月17日

註釋

Updated fractal expectations