Not breaking the downtrend triangle made over months. Not for now
We can see the RSI is on overbought levels, and the Momentum is almost at sell. Im short, in short term waiting for a signal to buy at a lower level. We also can see a divergence on the RSI and the price downtrend.
Hello,
why I am bullish?
Here the peultimate MACRO update on post halving for btc after:
-pre-halving analysis (see the linked idea)
-mining cost (see my last idea)
-indicators analysis (the secret indicator idea).
They are all linked by the way.
Here just a recap of past halving:
Quickly (but you can find details in the linked idea), the red and green...
This is a correction from the last post, hoping to see a breaking above for a price pump, if not, we will be seeing a downtrend till the down part of the triangle
To the moon, we are now in the perfect level tu buy and go all the way up. Our RSI is in our lower levels, overselling, 4H, so we must buy.
We are also in a descending triangle, and riding the 5th Wave, Long therm, and 3rd wave medium
