what i see here is " anger " phase has been taking its time and i believe its somehow combined with "depression" as forming this falling wedge .. we are also retesting previous 6k region on declining volume, but this decline will not stay forever a reversal is suppose to be just around the corner here matter of hours or may take this air gab from the cloud to manifest the coming two days, so be patient and focused more than ever in this painted zone .. a respect of the red line is a must seeming here ! but as of this upcoming volatile condition and a lot of panic from everyone i might accept a little dropping to 6200 region only as a form of a wick which is also will trap a lot of bears and confuses a lot of bulls .. best advice is stay out of trading in this area .. but if you like the high risk attitude or mostly you admire BTC and believes in it so much that it won't fail you any longer then its just the jump in area before the FOMO kicks in after a completed reversal and a breakout of the wedge .. stay safe .. better no leverage whether shorting or longing till this area is cleared
Regards,
Regards,
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zoom out snap shot
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Remember Remember The 5th of April
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we close exactly on the long trend line but opened this new 5th of April candle below the line .. sounds like a bear trap and big confusion for bulls .. here is closer look
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in the very optimistic scenarios " when confusion prevails " and as of a bull never bear on btc, those colored areas defines my emotional statues
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Remember Remember The 5th / 6th of April ;D
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78% more to 88% would really look great for over all
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my order set @ 6440 xP
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3rd bullish divergent
Trade active