BitcoinShort
BTC getting ready to break the range... to the downside.
Updated
BTC has been in an ascending channel ( bear flag ) for 1 month bouncing from top to bottom, top to bottom etc. Time to see upside is almost over, BTC just printed a bearish divergence in OBV in the last move up as well as there is a sell signal in Coppock Curve.
Honestly I don't think we will see new lows based on weekly chart but at least a test to 20800$ with possible extension to 19500$.
Honestly I don't think we will see new lows based on weekly chart but at least a test to 20800$ with possible extension to 19500$.
Note
After almost one month, target and extension hit.Timing for this trade was not perfect but the direction was correct.
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