Lets take a look in BTC today
Falling wedge within bigger Falling wedge .... both indicate That price going down to 6000 before having another bounce which got good chance of break the downtrend which i really hope that happen with in next week
also stoch and macd also RSI supporting the idea of price will go down for next days or until the start of next week
Falling wedge within bigger Falling wedge .... both indicate That price going down to 6000 before having another bounce which got good chance of break the downtrend which i really hope that happen with in next week
also stoch and macd also RSI supporting the idea of price will go down for next days or until the start of next week
Comment:
as i expected the bull wave was very weak ... and bears got back in the game cashing thier profits
and it is possible getting back in the falling wedge traingle and head down to 6000 - 5800 support
as i expected the bull wave was very weak ... and bears got back in the game cashing thier profits
and it is possible getting back in the falling wedge traingle and head down to 6000 - 5800 support
after the breakdown of falling wedge ... i noticed the small volume of the break ... which makes me think this can easily get back in downtrend ... so i am not convinced about this break i need more power from bulls