BTC: Weekly Indecision; Daily Double Top; 4H Tightening
Updated
Grandpa BTC is seeing a nice tightening range currently on the 4H.
Daily is double-toppy with RSI on steady divergence since May 15th:
But Daily tightening/EQ is king. As long as bulls can keep the EQ range, the divergence is only a deceleration of the move.
Weekly closed with Doji: Indecision/Potential Reversal:
Daily is double-toppy with RSI on steady divergence since May 15th:
But Daily tightening/EQ is king. As long as bulls can keep the EQ range, the divergence is only a deceleration of the move.
Weekly closed with Doji: Indecision/Potential Reversal:
Note
BTC: Long-awaited Weekly consolidation might be coming now. Evening-star in the making.Personally I'm currently in a short term bottom fishing play with EOS, had orders at upper 6, 40ties range. RSI was smashed down on all timeframes up to 4H, + important previous S&R zone. If bounce gets going: TP is at 6,90ies.
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