BTC in a falling wedge, next stop 8k?
Updated
I see a perfect falling wedge, the vibes are so bearish right now, with no fundamental reason (we can argue that everything is overvalued, but how do you judge the value of this market...).
Other things, we have a bullish divergence at the RSI.
Other things, we have a bullish divergence at the RSI.
Trade active
Breakout, expect a strong resistance at 7k and 8kTrade active
Let's wait for the test of the trend line to see where the market wants to go...Trade active
BREAKOUT! Need to consolidate here, but we could see 10k soon
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.