Short term bearish call
Updated
Testing past wedge downtrend line for support is probable.
Bearish Butterfly, target 1 hit before post, target 2 after price breaks out of ascending wedge to fall.
TDI RSI bearish-type divergence.
All lead to probable drop i price for Bitcoin.
Theory: Bitcoin will gain 'power' from ranging within support zone to crossover overall downtrend line.
Bitcoin could be seen as a safe haven in the now distressing times of worry.
Bearish Butterfly, target 1 hit before post, target 2 after price breaks out of ascending wedge to fall.
TDI RSI bearish-type divergence.
All lead to probable drop i price for Bitcoin.
Theory: Bitcoin will gain 'power' from ranging within support zone to crossover overall downtrend line.
Bitcoin could be seen as a safe haven in the now distressing times of worry.
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TDI: Traders Dynamic Index.Note: I Forgot to change green colored butterfly with red, but you get the idea.
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