Looked like there was no FUD last weekend but rational trader stop and reverse position after break of matured raising wedge trend line.. taking measurement target for short is around 42-43 K. But I believe we are still in bull trend and higher low still in play
From elliot wave perspective, I am expecting bounce soon after flat correction if there's no any extended correction.
RSI was reversing quickly after had been bullish for a moment
My attention will be on OBV, if it's break below the major support line for the last 6 months
From elliot wave perspective, I am expecting bounce soon after flat correction if there's no any extended correction.
RSI was reversing quickly after had been bullish for a moment
My attention will be on OBV, if it's break below the major support line for the last 6 months
Trade active:
as of now, Bitcoin is definitely sideways. Flat ADX confirmed this, it hasn't been flat like this for a while.
Only volume and OBV indicator confirm bullishness, RSI and MACD are not.
Only volume and OBV indicator confirm bullishness, RSI and MACD are not.