Bitcoin

in hive-101145 •  2 years ago 

Target = 14200

BTCUSD_2022-11-16_11-41-19.png

BTCUSD_2022-11-16_11-36-52.png

Hello ,

The momentum is going bearish and BTC is getting rejected from the resistance of the channel .

The RSI is rejecting from the 50 % level - meaning remains bearish.

We also have a bearish divergence with the RSI

Target approx. $14200.

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