There is mini uptrend line on Bitcoin price chart. Bitcoin price touched this mini uptrend line 3 times. I shared a few analysis about this mini uptrend line and said that I was waiting breaking down this mini uptrend line until the beginning of August.
Here you can see daily chart of Bitcoin price. There is great downtrend line coming from all time high. It may be hard to break up in first time. It is so possible to reversing down after touching this great downtrend line. Bitcoin price will touch this great downtrend line until the beginning of August. There is full moon at the end of this month. It may be possible to see reversing down during full moon.
Market maker always looks lunar calendar. We may see reversing down during full moon.
Here you can see the indicators on daily chart of Bitcoin price. There are mini uptrend lines on major indicators. There is great resistance on RSI Indicator. It is hard to see breaking up these resistance. We will see breaking down mini uptrend line on RSI Indicator.
There is uptrend line on MACD Indicator. If we see reversing down on Bitcoin price chart. We will see breaking down mini uptrend line on MACD Indicator.
We are close to the new possible market crash. Full moon may the trigger for this market crash. We should be careful in next week.
We will see..
Posted Using INLEO
