Although BTC broke out of its consolidation stage, it could very well retest it for the second time
reasons why:
-rising wedge
-heavy daily and 4h macd bearish divergence
-Daily rsi bearish divergence
reasons why I'm not advocating to short:
-strong supports at around 9600-9700
- breakout target around 11k
- very strong uptrend
- already tested the channel once
This is not financial advice, please do your own research before opening a position
HEY EVERYONE!
if you enjoyed the idea please give it a like. thanks for the support, much more to come!
reasons why:
-rising wedge
-heavy daily and 4h macd bearish divergence
-Daily rsi bearish divergence
reasons why I'm not advocating to short:
-strong supports at around 9600-9700
- breakout target around 11k
- very strong uptrend
- already tested the channel once
This is not financial advice, please do your own research before opening a position
HEY EVERYONE!
if you enjoyed the idea please give it a like. thanks for the support, much more to come!
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.
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.