Shock Awaits for Bulls
BTC Weekly RSI overextended, Daily RSI showing bearish divergence. Bears will gain control and the dump is expected to start at the beginning of July/August. Would take months to retest bottom. Enjoy the ALT rally in between. Money Awaits.
Note
The setup will only be invalidated when btc breaks the angle 8/1 on the upper side. If not broken upside before june mod week momentum would slow down and revisit bottomOrder cancelled
BTC breaks on the upside of the angle. hence trade closed.Note
Entering on pullback
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.