I have been looking for a reason to long something all but weekend but everything i look at makes me think BTC will be dropping out of this current bear flag it is sitting in right now and continue on with the larger trend descending wedge pattern it is in...
Also note the bearish divergence with the volume, ie decreasing volume and increasing price over the last few days
I hope to get an entry of 3480 with a target of 3270. I think the price will settle on the support of 3300 but hopefully there will be enough of a sell off to catch a wick down
Also note the bearish divergence with the volume, ie decreasing volume and increasing price over the last few days
I hope to get an entry of 3480 with a target of 3270. I think the price will settle on the support of 3300 but hopefully there will be enough of a sell off to catch a wick down
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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.