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nagihatoum
May 27, 2020 9:10 PM

BTC will it pump more? Short

Bitcoin / DollarBitfinex

Description

Too much bearish signs:

1-testing the 3 month channel support that price dropped out of
2-bearish RSI divergence on the 30 minutes
3-multiple rejection from the 4H ichimoku cloud
4-seller exhaustion pattern price sloping up and volume dropping
5-exhaustion wicks on 4H candles
6- reached falling wedge target

None the less, this is bitcoin and can do some crazy thing at the last minute.

Comment

more bearish divergences printed and at the cloud resistance.

Comment

Most probable path, don't expect a big dump

Comment

did crazy thing at the last moment.
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