BTC Trapped in a double channel. Both are perfectly respected at the moment in the midline and also on tops and bottoms. Which one will win in your opinion? I'm more on the bearish side, but at this point is really a 50/50 and probably the direction will be taken by the SPX and BTC will follow.
HI everyone, I've founded this bearish channel I wanted to share. Really a lot of great touch on top, bottom and midline of it. Also I've added untapped daily and weekly levels If we are able to brake it to the upside it's a really bullish scenario, but until then, we area heading much lower than this. Sometimes use higher TF and zoom out helps a lot
SPX is going higher and higher but the chart is flashing really bad bearish signal that in history always preceded a really bad dump in the market. We are having a bearish divergence on the monthly and this has always predicted a dump between 20 and 50% of the price. Is this gonna happen again? Also if you look at the daily the chart looks like a blow off top....
Weekly stoch RSI crossed again last week...what will happen this time?