Is Bitcoin ready for $ 400 - $ 500 Fall !!!!!

in #bitcoin • 6 years ago

As I am writing The XBT is trading around $6415. I will try to keep it extremely simple and short on all my charts and descriptions . The more line we draw the more we confuse ourselves. So coming to The charts

  1. XBT taking Resistance at 200 MA.

  2. In RSI it is touching 80 and Preparing for a negative divergence.

  3. In Stochastic RSI its preparing for a divergence as it is touching 100 .

  4. Within 30 Hrs it moved from $5915 to $6415 without any strong reason.

All the facts indicates that a fall is suppose to happen. This is what I feel but I may go wrong. Take your own decision.

** I am not a financial adviser.!XBT 15.08.18.PNG

6 years ago in #bitcoin by
$0.00
    1 vote
    Reply 0

    Coin Marketplace

    STEEM 0.20
    TRX 0.25
    JST 0.038
    BTC 96656.73
    ETH 3341.70
    USDT 1.00
    SBD 3.20