Bitcoin lost ascending support on yesterday’s candle, giving a bit more evidence that the asset is not yet ready for renewed bullishness.
On the flip side, volume is non existent (bears want to see high volume on a breakdown), price still appears to be sideways, and any lower candle closes will likely form significant bullish divergence.
No matter how I look at the charts, I just see boring, choppy price action.
On the flip side, volume is non existent (bears want to see high volume on a breakdown), price still appears to be sideways, and any lower candle closes will likely form significant bullish divergence.
No matter how I look at the charts, I just see boring, choppy price action.
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info@thewolfoallstreets.io
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.