We can see rising wedge formation in 1H chart with a clear bearish divergence.
So I am expecting something like this, but everything depends on the next BTC movements.
MA 200/50 can be a support lvls in a while.
If we break the downtrend line of this wedge then I am short.
Good luck!
So I am expecting something like this, but everything depends on the next BTC movements.
MA 200/50 can be a support lvls in a while.
If we break the downtrend line of this wedge then I am short.
Good luck!
Note
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.