Downward triangle, sell at resistance
Updated
Looks like the Bitcoin bubble is popping again. Critical support line has broken. Alt season is canceled.
But since right now 4 hour is oversold and we have bullish divergence on the MacD.
One could set a target at the top of that triangle to sell or short. ~10.5
Don't hold too long. Lower prices coming. Ponzi has been exposed. Nobody wants crypto.
But since right now 4 hour is oversold and we have bullish divergence on the MacD.
One could set a target at the top of that triangle to sell or short. ~10.5
Don't hold too long. Lower prices coming. Ponzi has been exposed. Nobody wants crypto.
Note
Wouldn't be a bad idea to short here. @10.4-10.7k
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