As i said to my previous post dxy is running out of power and as you can see on the 4h the macd looks like we have more space to go down
what do you guys think?
Important day today. Btc has to break the resistance trendline to have a mini bull run. I doubt it tho cause stochastic rsi is overbought in 1D and 4h tf. BUT never say never in crypto
I've heard btc had its 8th red weekly candle and people saying we need to have a green after all sooo...what if btc retests the 25k zone and pump in a couple of days this week? what if we'll get a 9th red candle? Stock rsi is kinda overbought so i believe we're gonna see a quick dump this week and after this a pump. I dont believe btc is going to break any...
Stoch RSI looks overbought and RSI 14 looks like it wants to test lower levels. I hope eth lose its strength against btc and get to see it at 1.5k again soon.
If you saw my previous post you'll notice that btc is kinda moving like i was planning (only a couple of weeks sooner). Now i think btc is going either to test the resistance zone and dump to 30k$ or is going to go to 30k a little sooner. After that i hope we'll see it pump to mid 40s or even high 40s.
This is just one thought (hope it goes like this) not...
Due to macroecomanomics i believe we're gonna see a huge dump in the couple of weeks. Then an upside for a while because i think elections are coming for a lot of countries sooo crypto and stocks are going to go up and then we're gonna continue the dump to possibly 14k.
This is not fanancial advice.
