Short entry 1 at 8430 is filled, short entry 2 at top of the wedge at 8575 is pending. Exit for first short entry is 8344.
Bullish on high tf. Playing within a descending wedge. Can test the bottom of the wedge before going again but there is high chance that it won't as bullish divergence is holding for more than eight 4 hr candles.
EMA9 above SMA20. BB squueze. Bullish divergence. Target 450. Not a financial advise.
EMA9 has crossed above SMA30 and staying above it which is confirmed bullish indicator. The rising wedge is a concern but can invalidate if goes above $6850 . I have marked possible support and resistance. Overall I am bullish.
Volume going down and struggling to cross resistance at 460 sats. Will see if it bounce back from support line with big volume. Any big volume candle with price crossing 485 will invalidate this analysis.