Bears vs Bulls
It seems like a bullish pennant is forming on the 1hr BTC chart but all the the indicators are pointing towards a correction or a retest of the 37ish area. There is a bearish divergence on the RSI and MACD so it's its 50/50 which way BTC price will break. Plus, the 42ish area is an even more significant resistance and we will likely need more momentum to break those levels. But as traders, WE don't PREDICT but only REACT and either way it breaks we have a 5% trade on our hands.
Like if you agree and feel free to correct/add to the idea.
Like if you agree and feel free to correct/add to the idea.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.