BITCOIN is Overbought, a big pullback may happen soon

7 мар. 2019 г.

BTCUSD is OverBought in 42m and 1H time frame, as indicated in 9 Seasons Rainbow Indicator.
A new high may be touched, meanwhile, a big pullback may happen soon.

7 мар. 2019 г.

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RSI Divergence in 1H, BTC Lower High

7 мар. 2019 г.

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OverBought in 15m

7 мар. 2019 г.

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An ascending triangle is developing, looks like a new breakout can be expected before the pullback. Overbought in 10m, 15m has become Crazybought, which normally means a possible breakout.

7 мар. 2019 г.

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Disclaim:
This is only a personal opinion and does not serve as investment nor trading advice.
You should make their own decisions, carefully assess risks and be responsible for your own investment and trading activities.

7 мар. 2019 г.

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The ascending triangle failed, looks like the range ends.