Five reasons why Bitcoin is approaching its sell zone
Five reasons why Bitcoin is approaching its sell zone:
1- Dealing with the upper edge of the ascending channel
2- Dealing with the 61.8% fibo of the previous big downtrend wave
3- The RSI indicator is overbought
4- We have hidden divergence in daily time.
5- The volume has decreased drastically.
The best area for selling is around the price of 48,000.
The target should be the lower edge of the channel.
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You write the following reasons ...
1- Dealing with the upper edge of the ascending channel
2- Dealing with the 61.8% fibo of the previous big downtrend wave
3- The RSI indicator is overbought
4- We have hidden divergence in daily time.
5- The volume has decreased drastically.
The best area for selling is around the price of 48,000.
The target should be the lower edge of the channel.
***
Please support me with likes and comments. I am waiting for your comments.
You write the following reasons ...