Broadening Top
Looks like BTC is forming a Broadening Top in Short time, three higher peaks and two Low troughs.
Unless it breaks the upper trend line like the top green arrow, and return to the rally channel, more likely turn into short term BEARISH like the RED ARROW PATH shows.
The market now is very emotional, be prepared for retest of the 47000 level.
Unless it breaks the upper trend line like the top green arrow, and return to the rally channel, more likely turn into short term BEARISH like the RED ARROW PATH shows.
The market now is very emotional, be prepared for retest of the 47000 level.
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