BTC/USD seemingly defying gravity as they didnt budge for an imminent alert for correction from most indicator in order to further of trend
Overlook of my indicators mostly telling me for a slight change of the trend for a short term, slight divergence between volume and rsi if you look in the recent price action.
when i try to draw an elliot wave to guess the movement might be like if the bull keep move upward with no correction..
please let me know if there's something wrong in my idea as i'm still learning about TA..
peace...
Overlook of my indicators mostly telling me for a slight change of the trend for a short term, slight divergence between volume and rsi if you look in the recent price action.
when i try to draw an elliot wave to guess the movement might be like if the bull keep move upward with no correction..
please let me know if there's something wrong in my idea as i'm still learning about TA..
peace...
Note
meanwhile, in further movement might still within Rising Wedge area which is could be a bearish pattern and possible downtrend if the movement cant be sustained.. *white lineNote
it also a possible bullish flag / pennant forming Note
this is either spinning top or doji candle formed on weekly candlestick.. what do you think ??
eitherway it's sign for a change of trend, indecisive movement or potential sideway.. .. let see if bitcoin can do it's magic thing.. lol
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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.