I see a bearish divergence in the oscillator but I say we hit ~10400 sometime this month.
Note
BTC fell into the "accumulation" zone. Let's see if this area holds. Note
Looks like a diamond bottom here. Expecting a solid leg up into the green zone seems like a good risk to reward ratio. Note
Diamond bottom failedNote
The path to least resistance seems to be towards the down side right now. Anticipating a move towards the ~7500 range this month.Note
If the daily 200EMA continues to be resistance, I wouldn't be surprised with a downside into the green box (~7500). Trade closed manually
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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.