BTC Daily & Weekly Technical Analysis: Some Bearish & Bullish Signals / Let's Analyze the Pros VS Cons to see the weight!


Some bearish signals on BTC in 3D:
- Bearish divergence on the RSI and the MACD.
- The sellers start to come back after the MACD turns red, to see the close in 7 hours.

The BTC is bullish in 3D since it is above the Ichimuku cloud and the 50 MM.

https://www.tradingview.com/x/Z4Yu4ZIP/ 

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The fundamental is in favor of the sellers, with BTC in Weekly trading below the 25K resistance, the 50-MA, and below the Ichimuku Cloud.

Finally to see the price action on each level and for the moment we have the sellers who have had a strong hand since the arrival at 22K, so the two key levels will be 25K as resistance and 21.5K as support.

https://www.tradingview.com/x/EAuLbWdK/ 

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FreedomBuilder
FreedomBuilder

Crypto investor, trader & holder, looking for to build my freedom with the Blockchain technology.


Trading The King of Crypto
Trading The King of Crypto

Technical analysis of bitcoin and the crypto market. - Cryptos are correlated to BTC. - BTC is correlated to the S&P500 - The S&P500 is the largest US market, it can be called the Bitcoin of the stock market. If we can follow the BTC price action we will be able to follow all the other crypto projects, when to buy and When to sell???

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