BTC - Momentum Divergence
Updated
BTC has been falling through multiple support levels and has been showing multiple false bullish breaks.
Whilst price can fall without an increase in volume, it requires volume to rise. There are recent signs of increased volume activity.
Whilst price can fall without an increase in volume, it requires volume to rise. There are recent signs of increased volume activity.
Trade closed: target reached
An important pivot level reached prior to upcoming news release.
Expect some strong moves driven by market uncertainty thereafter.
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