BTC/USD more upward movement with a risk of bearish divergence
seems btc/usd keep resilient and get a support from 20 EMA as a trajectory after fall from recent rising wedge pattern.
indicators giving a slight shift into buy trend though keep in mind the volume is not so convincing as it's will start a rally, yet.
in order the rally will continue, volume plays an important part as to avoid a clear divergence between price and indicators.
green: bullish
Red : not so bullish
though some pattern that concern me is a possible H&S, triple top, ascending broadening wedge in near future.
or might be just a bull continuation flag
or bart head movement.. lol
please take this idea as a grain of salt as reality always differ from what i expect as this post merely just an opinion.
and please feel free to share what your thought on comment section.
peace.
indicators giving a slight shift into buy trend though keep in mind the volume is not so convincing as it's will start a rally, yet.
in order the rally will continue, volume plays an important part as to avoid a clear divergence between price and indicators.
green: bullish
Red : not so bullish
though some pattern that concern me is a possible H&S, triple top, ascending broadening wedge in near future.
or might be just a bull continuation flag
or bart head movement.. lol
please take this idea as a grain of salt as reality always differ from what i expect as this post merely just an opinion.
and please feel free to share what your thought on comment section.
peace.
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