Broke symetyrical triangle Market cycle TD indicator: Weekly and daily saying short, while 4h indicating a 4 bars reversal and then downtrend Ichimoku break
I believe a last leg up to 10k will happen soon and then market should turn berish for a period.
overbought on stoch RSI ABC wave correction incoming Double top forming BTC already started dropping Today's BTC/alts recovery seems a bull trap to me
It seems really oversold in daily Currently retesting EMA 200 Volume increasing 4 hours shows a Doji Heiken ashi candlestick followed by two green candlesticks If a third candle forms on 4h things may get interesting 4 Hours chart:
It seems BTC is moving inside a pitchfork and forming a symmetrical triangle. I reckon it will decide its move soon, once it breaks the triangle. It has good support on Kijun, trendline and fork. IMO, BTC is going to break the kumo, which is very thin, and shall leg up again. Predict for 5th of June at 2970 Stop loss bellow support at 2266