Alert: Bitcoin formed a bearish rising wedge in H3 timeframe!!!
I hope that the Daily candlestck is goes to closed up as in H4 timeframe. Right now, we found in H4 timeframe that we see 6 doji of indecision and that cause a lot confussion oft the trend. I believe that demand supply is weakness becuase we see a squenze of candlestick of indecision formed dojis. Also, I add the MACD in H4 timeframe and we see the volume is losses boughters and bears could be to take the control!!!, So, it's very important to know this manipulation!!!
But, watching in the H3 or H2 tiemframe. The H3 timeframe is better, because Bitcoin is formed a bearish rising wedge if you link he points. Well, also and noticed that MACD are losses ther boughters volume and it's so enarly to the sell croosing, that could be another data as sell Bitcoin.
Well, we see in general that demand is fighting with supply and both created a lot confussion on the market, remember that this squenze of Dojis has the highly possibility that the trend make a reversal again when the price come.
But, watching in the H3 or H2 tiemframe. The H3 timeframe is better, because Bitcoin is formed a bearish rising wedge if you link he points. Well, also and noticed that MACD are losses ther boughters volume and it's so enarly to the sell croosing, that could be another data as sell Bitcoin.
Well, we see in general that demand is fighting with supply and both created a lot confussion on the market, remember that this squenze of Dojis has the highly possibility that the trend make a reversal again when the price come.