BTC: Fakeouts, Black Swans and... Bulls?!
Updated
In short:
- We're trading inside an Ascending Channel.
- Breaking down from it might send us towards the purple box.
- Bottom of the purple box is the MA100 and it has held since October of 2020.
- Keep an eye out for the hidden divergence on the MACD.
- We're trading inside an Ascending Channel.
- Breaking down from it might send us towards the purple box.
- Bottom of the purple box is the MA100 and it has held since October of 2020.
- Keep an eye out for the hidden divergence on the MACD.
Note
We broke below the Channel. Strap in for 49K.Note
As expected :^)
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