Again, slack uptrend is going to finish. Factors confirming this idea are following:
- pullback after 50% mediane is 38% fibo (on chart)
- MACD divergence
- RSI divergence
It's too early to say how long in price and time the downtrend will be, but after one more high on BTCUSD you should take away all positions and start looking for SHORTS.
Additional downtrend confirming will price moving out from existing channel since 12th September.
Cryptotraders hold on! We will reverse on market during next month till NEW YEAR eve. I'll give you actual information about.
- pullback after 50% mediane is 38% fibo (on chart)
- MACD divergence
- RSI divergence
It's too early to say how long in price and time the downtrend will be, but after one more high on BTCUSD you should take away all positions and start looking for SHORTS.
Additional downtrend confirming will price moving out from existing channel since 12th September.
Cryptotraders hold on! We will reverse on market during next month till NEW YEAR eve. I'll give you actual information about.