BTC 4H IS ON A RISING WEDGE AND DIVERGENCE

8 Nis 2020

# Take a look at Bollinger Band middle line (red line), price is at $7100, then take a look at 50 MA, price is at $6800, this is where the price could go back and retrace. Rising wedge and volume divergence could give seller a boost.

8 Nis 2020

Not

Price is still inside that Gann 1/1 angle. Neither close to 1/2 nor 2/1 angle.

10 Nis 2020

Not

Price broke down! it still possibly go to test $6800, and will need a fresher idea to supplement this development, stay tune!