Good Tuesday my fellow traders, how is this day treating you so far?
šĀ The middle of the range sits around $35,000... The next support level has been confirmed within the $34,000 to $36,000 price range.
ā Bitcoin is peaking/peaked after a higher high that continues to exacerbate a strong bearish divergence with the daily RSI.
ā Yesterday's session high closed as a Doji and today the day starts red.
Since the current wave is already overextended, we can expect the next drop to show up anytime now, fast, sudden and strong.
ā Based on EW-Theory, we are looking at an ABC and both A and B are already in, we are going for C next.
This is just a simple update without much jargon... Prepare for the drop.
#Write2Earn @AlanSantana #binance #PIXEL #STRK #india