Although BTC broke out of its consolidation stage, it could very well retest it for the second time
reasons why:
-rising wedge
-heavy daily and 4h macd bearish divergence
-Daily rsi bearish divergence
reasons why I'm not advocating to short:
-strong supports at around 9600-9700
- breakout target around 11k
- very strong uptrend
- already tested the channel once
This is not financial advice, please do your own research before opening a position
HEY EVERYONE!
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reasons why:
-rising wedge
-heavy daily and 4h macd bearish divergence
-Daily rsi bearish divergence
reasons why I'm not advocating to short:
-strong supports at around 9600-9700
- breakout target around 11k
- very strong uptrend
- already tested the channel once
This is not financial advice, please do your own research before opening a position
HEY EVERYONE!
if you enjoyed the idea please give it a like. thanks for the support, much more to come!