Divergences are showing up nicely, weekend bearish momentum should end soon and perhaps we should retrace to at least second fib level along the resistance.
From there - either bearish continuation to 40k or further move up.
The idea is to trap the retail so perhaps a quick wick during the next hours going down but then moving up only to move further down after trapping more longs.
Take care, its messy.
From there - either bearish continuation to 40k or further move up.
The idea is to trap the retail so perhaps a quick wick during the next hours going down but then moving up only to move further down after trapping more longs.
Take care, its messy.
Nota
Shieeeet, I just love it how whenever btc starts moving in a direction - 90% of the charts follow that direction.Since now almost every other chart is long - I would probably prefer to take some profit of this leg up if it doesn't clear the 0.50 fib in the next few candles.
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.