BTC.D - Wedge retest...what next Mr BTC?
Updated
Not a financial advisor.
Currently looking at a retest of the wedge as expected on my previous post(linked below).
The most recent momentum has been pretty bearish on the BTC.D.
Just for disclosure, I would love to have an Alt season!
But I am currently looking at the RSI long term restest and the fact that the wedge has been retested,
can make the bull case for a BTC.D continuation to higher values,
at the same time the case for a still bearish momentum,
therefore I would need to give it a couple of days to decide itself.
A drop below current BTC.D levels would make me happy and Ton Vays unhappy!
Currently looking at a retest of the wedge as expected on my previous post(linked below).
The most recent momentum has been pretty bearish on the BTC.D.
Just for disclosure, I would love to have an Alt season!
But I am currently looking at the RSI long term restest and the fact that the wedge has been retested,
can make the bull case for a BTC.D continuation to higher values,
at the same time the case for a still bearish momentum,
therefore I would need to give it a couple of days to decide itself.
A drop below current BTC.D levels would make me happy and Ton Vays unhappy!
Note
Do have a look at the RSI, as there are 2 trends that need to decide which one is the most relevant!Note
Get your Alts ready:Note
BTC.D breaking major trendline.In case this is not a wick...alts might be going for a ride.
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