BTC, Green Blue Yellow
BTC has been trading downwards for the past 13 days, which I personally prefer. Trading upwards after a sell-off usually signals a continuation of the sell-off (Bear Flags). not that we haven't done that prior to the 13 days
There is a bullish divergence on the 4H chart, presenting three potential scenarios:
1. Green = Bullish scenario, the bullish divergence plays out and we break out to the upside and start a new sustainable bullish trend. Youpiii !
2. Blue = we break down and pray we get caught in the low 50s or else. - Bearish
3. Yellow = We bounce, and the bullish divergence plays out, but the downtrend could resume, bringing us back to the praying scenario. - Bearish
So yeah 2 bearish scenarios and 1 bullish scenario. Meh
"That's it, that's the idea" - Good night
There is a bullish divergence on the 4H chart, presenting three potential scenarios:
1. Green = Bullish scenario, the bullish divergence plays out and we break out to the upside and start a new sustainable bullish trend. Youpiii !
2. Blue = we break down and pray we get caught in the low 50s or else. - Bearish
3. Yellow = We bounce, and the bullish divergence plays out, but the downtrend could resume, bringing us back to the praying scenario. - Bearish
So yeah 2 bearish scenarios and 1 bullish scenario. Meh
"That's it, that's the idea" - Good night
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