BTC has done really well to climb to 24,000.
We see massive resistance here. The H4, H1, M30 and M15 are all overbought.
All timeframes are showing bearish divergence.
The only thing missing is a harmonic pattern but we are good to go.
Stop loss around 25,000 which is a nice round number.
What this means is that later tonight we will see USD strengthen, Stocks fall along with the indexes.
Good luck!
We see massive resistance here. The H4, H1, M30 and M15 are all overbought.
All timeframes are showing bearish divergence.
The only thing missing is a harmonic pattern but we are good to go.
Stop loss around 25,000 which is a nice round number.
What this means is that later tonight we will see USD strengthen, Stocks fall along with the indexes.
Good luck!
