No one is talking about This senario of BTC

in food •  2 years ago 

For 4 Hour Time Frame:

This dump was nothing new We have been accustomed to such dumps for a long time Everyone knew it was already there. At this point, BTC has reached $18869 & is about to test a support on 4H TF From where Price had taken Bounce weeks ago.price will probably pump from there, Because when we are in downtrend after every dump, the market takes an upward correction. That's why i feel we may see a little pump from the support before another dump.

RSI indicator:

RSI looking bearish on larger TF & broken the monthly support where we were finding the bottom There is also a monthly closing tomorrow and it is possible that we will re-test the trend line of the RSI which will be in the form of a little pump.

DXY Chart:

DXY is on its resistance. In case of rejection from here, we will see pump in BTC If DXY breaks 105-106 then only blood will be seen in crypto.

@NFThere

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