Hi Steemit Friend,
Bitcoin is struggle to go up in the past few days and recently The pair is currently trading well around the $7.6K. Several high was formed at $7.7k this level acted as resistances, Bearish Divergence is spotted indicating the pair may continue to struggle or the price likely to go down to test nearest support level soon.
Daily chart is showing the current trend is weakening, the candle is get more shorter, indecision trend in near term.
Let’s See...
Disclaimer: This is not financial advice. I’m just giving idea, all trades it’s completely in your responsibility. Make sure you use trading management properly to avoid losses.
Price can't seem to break above $7,700. Momentum is shifting towards the downside :/
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yes, finally the downside is happening now
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit