BITCOIN DIVERGENCE POINTS TO BEAR MARKET
Another observation happening on the weekly right now. Price is rallying on fumes (low volume), unless some high volume comes in soon this could get nasty.
Like I previously mentioned weekly double top or weekly fakeout double top are still possible and is what we want to see.
Target is 15k-20k where we will create a weekly inverse head and shoulders pattern before breaking higher to around 400k.
Like I previously mentioned weekly double top or weekly fakeout double top are still possible and is what we want to see.
Target is 15k-20k where we will create a weekly inverse head and shoulders pattern before breaking higher to around 400k.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.