Weak Weekly Candles are on Weekly Chart of Bitcoi Price
There are weak candles on Bitcoin price chart Even Bitcoin went up fast. It can not break up 82K USD level. These are weak candle on the top. These are the signals for possible reversing up.
Here you can see weekly chart of Bitcoin price. We have seen doji candl on the top. After this weak doji candle, we have seen red can green weekly candles. Bitcoin price is trying to make a decision to go up and reverse down. But we can not see higher high on Bitcoin price chart. It is so possible to see reversing down from this level. Lower high is the reason of this possible reversing down.
Here you can see the indicators on weekly chart of Bitcoin price. Fisher Indicator is on the top and ready to reverse down. There is great resistnace on RSI Indicator. It is great downtrend line for 2 years. Bitcoin should break up this resistsance to enter bullish season.
MACD Indicator is trying to up up but it is still below 0 level. We may see reversing down if we see red weekly candles in next weeks.
100-week mobing average is the next on Bitcoin price chart. Most of investors looks this average. But there is the greatest resistnace on RSI Indicator. Bitcoin price will be under resistance until breaking up this downtrend line.
We will see..
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Tipo, el doji que señalaste justo bajo los 82 K me deja pensando si la resistencia del RSI realmente va a sostenerse, ¿xq el Fisher ya está apuntando a bajar? No sé qué onda con la media móvil de 100 semanas, parece que todos los inversores la vigilan como una pared.