BTCUSDT: Time to sell a bit of your bit?!
(Signs of a Temporary CORRECTION)
Sever Positive Divergence can be seen between USDT Price Chart & the RSI. Due to the inverse correlation between USDT Dominance & the market in general, seemingly the time is coming to cash out some part of cryptos portfolio.
It takes not more than a couple of 4Hs to see a dip. Yet, it is quite natural. I do not think we are going down any further than 38 to 40 K. So this is temporary most probably. I have mentioned before in a post that going down toward 29K could be the last dip before reversal.
Important note1 : General Trend is Ascending. Yet, one needs to consider Trading Timeframe.
Utmost Important Note: Since extravagant pockets of the greedy elite of the market check on everything through AI Powered systems, please be extremely cautious not to fall in their well-trained and ever-learning AI manipulations.
PS: Indicators are to be interpreted upside-down due to inverted correlation.
PS: I prefer to explicitly express my opinion in a unilateral direction - either going up or down and do not like to stay skeptic like many.
Your attention & energy means a lot to me.
Thanks for reading.
Sever Positive Divergence can be seen between USDT Price Chart & the RSI. Due to the inverse correlation between USDT Dominance & the market in general, seemingly the time is coming to cash out some part of cryptos portfolio.
It takes not more than a couple of 4Hs to see a dip. Yet, it is quite natural. I do not think we are going down any further than 38 to 40 K. So this is temporary most probably. I have mentioned before in a post that going down toward 29K could be the last dip before reversal.
Important note1 : General Trend is Ascending. Yet, one needs to consider Trading Timeframe.
Utmost Important Note: Since extravagant pockets of the greedy elite of the market check on everything through AI Powered systems, please be extremely cautious not to fall in their well-trained and ever-learning AI manipulations.
PS: Indicators are to be interpreted upside-down due to inverted correlation.
PS: I prefer to explicitly express my opinion in a unilateral direction - either going up or down and do not like to stay skeptic like many.
Your attention & energy means a lot to me.
Thanks for reading.