Updated
Cup and handle falling wedge? Bull divergence on 1h.
Looks like this could be setting up for a bounce.
Bull divergence showing up. I would make 3-4 small buys, over the next 4-24 hours or so, to guarantee good entries.
Bull divergence showing up. I would make 3-4 small buys, over the next 4-24 hours or so, to guarantee good entries.
Note
Original support seems to be maintaining. I'm ready to buy 17, 16.5, and 16k if it comes to it.Note
Price seems to be hovering around 16.7k and having a hard time going lower.Anything can happen, especially if BTC goes up fast and vampires the life out of ALTs.
However, a gradual upward continuation from here, should yield some nice reversal in alts, and hopefully, many will spring.
Let's see what Bloody Monday has in store for us.
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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.