Stoic-Trader

BTC Daily Chart Update

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS

The market has completely ignored the bearish divergence on the daily chart (blue lines), but at some point there should be a larger correction.

We also haven´t had a lower low for quite some time.

Price is currently trying to break the green ascending trendline, and a break of the purple line would mark a lower low.

I'm short term bearish for a test of recent support levels (gray lines).

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