Hi Everyone this is Kris and this is my analysis
Analysis Summary:
I am bearish in this current market as we have broken the Ascending Triangle and im looking for a good short position.. I will not believe it will go up until it breaks 37.6kish downtrend channel
Supporting Analysis;
1. I have seen a downtrend Channel Formation
2. Macd and RSI 1 hour divergence says we are still going up.. 4-6hours saying we will continue to go down... what this means for me midterm we might still test the upper limits of the downtrend channel.. then go down
3. daily MACD is Downtrend
4. 10 and 20 EMA is having downtrend formation for daily
If you see this helpful you can help me push my trading studies by donating on this Address:
USDT TRC20 Address TDiZ1AaHFSYG6F66TAss8tnU3rzNPXfQZa
Analysis Summary:
I am bearish in this current market as we have broken the Ascending Triangle and im looking for a good short position.. I will not believe it will go up until it breaks 37.6kish downtrend channel
Supporting Analysis;
1. I have seen a downtrend Channel Formation
2. Macd and RSI 1 hour divergence says we are still going up.. 4-6hours saying we will continue to go down... what this means for me midterm we might still test the upper limits of the downtrend channel.. then go down
3. daily MACD is Downtrend
4. 10 and 20 EMA is having downtrend formation for daily
If you see this helpful you can help me push my trading studies by donating on this Address:
USDT TRC20 Address TDiZ1AaHFSYG6F66TAss8tnU3rzNPXfQZa
