Yesterday I called the top @ 8579, this morning I'm calling for another bottom.
1) We're overbought on 1,3,4,8,12 hour stochs
2) Momentum indicators are showing the current trend is dying down
3) divergence is warning us not to buy the next dip.
Anythings of course possible in this crazy market right now, but indicator wise, we're looking downwards.
Best of luck, trade safe, conservative, and wisely.
If you find this useful please hit the like and follow button and I'll return the favor by offering continuing updates.
BTC been acting crazy, we had our breakout, but as I mentioned on stream we had bearish divergence, just another failed breakout, we should be looking to a re-test much lower towards original zones, and if those don't catch possibly a new low around 5589
Well as promise to Mr.gold :) Will take some position in BTC 8000, if go lower will put some more. And Automatic order for BCH in 1260, LTH in 827 and XRP in 0.75. If it touch then take it, but if not nothing to lose. Better try to set in low then in FOMO. And better try to bet again then just scare out and just watching this time.
Wish me luck. Always prepared for trend change by keep inform from your status and Mr. Gold as well as Mr.Alan.
And please keep the update if anything change, sir.