MACD Divergence is at a global low on a 1D chart, meaning that it is in oversold territory. Being oversold does not necessarily mean being at the bottom, but the probability of rise of BTC becomes higher.
Forming Bullish Shark
High probability of getting Bear gets lost strength at PRZ (Potential Reversal Zone)
Only for Educational purpose; I am not responsible for your Profit and Loss
We took a look at comparing the 2021 bull run with the 2017 bull run looking for similarities. While many are thinking we're looking at a huge rise after the current drop, it's possible we'll see a rise but a smaller version ending with a blow off top and the end of the bull season.
Levels are on the chart it can't break these levels in one day.
Very high selling noted by big whales.
Shrimps save your capital.
Trade Wisely and Smartly.
Pattern target has been achieved. But according to historical data BTC have fallen between 80-87% evertime a trend has ended. These levels comes out to be between 8300-12000. So, buy the dip may actually work between these levels.
Hi there,
BTCUSD is struggling to push more higher and setting up for deeper pullback.
Watch for sharp sell off and price to breakdown then previouse low.
If price do not fall sharp and hold current price then one more bullish wave and then look for drop from top.
Good Luck
