Dear Crypto fan, maniacs, addicted, lovers, haters and whatever crypto relation you have
as forecast-ed past Friday our beloved BTC was bullish and during the whole week end there was a static growth and from 6.6k we arrived to 7.2k quite a short up move for a two days push and up trend. Bull are now tired and probably there will be a correction, the current market movement is not fully clear. The main bearish down impulse is not finished yet and we are expecting some more down movements.
- 12 hours steps - increasing volume - decreasing growth -> parabolic movement - RSI and MACD ready for some reassessment - bearish hidden divergence
Those are main indicators and signs for a possible future down move.
Stay tuned and like, share comment if you enjoyed the TA.
*this is just my opinion I'm not a professional advisor! Make your choices wisely and manage your risks!