Hey guys,
As we can see, BTC seems to be in a symmetrical triangle. According to the hidden bullish divergence we see, as well as the decreasing volume, I conclude that this symmetrical triangle is going to exit downwards instead of upwards.
For a more detailed and long-term analysis, feel free to check out my related idea (Wyckoff Accumulation Scenario - BTCUSD) below.
Good luck,
and remember,
Patience is paramount!
As we can see, BTC seems to be in a symmetrical triangle. According to the hidden bullish divergence we see, as well as the decreasing volume, I conclude that this symmetrical triangle is going to exit downwards instead of upwards.
For a more detailed and long-term analysis, feel free to check out my related idea (Wyckoff Accumulation Scenario - BTCUSD) below.
Good luck,
and remember,
Patience is paramount!
Comment:
*hidden bearish divergence
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