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As I said in title, vague, is now what we have for BTCUSD .
I am no recommending buying or selling because the trend could be very short. Now I am using the 1h chart, and I do not observe enough signals to support bearish or bullish . The pressure is not powerful enough to form a strong trend.
So the plot here is for the short term, even shorter than the normal short term.
The divergence of MACD and RSI is observable, which means the price could go down a little bit soon. Also, my Gartley plot tells me the same thing which is the price could temporally go down, however, the width of the Gartley plot is a little bit too big so the price may just go down a little and even not form a trend.
So I would wait for another strong signal to show up.
I am no recommending buying or selling because the trend could be very short. Now I am using the 1h chart, and I do not observe enough signals to support bearish or bullish . The pressure is not powerful enough to form a strong trend.
So the plot here is for the short term, even shorter than the normal short term.
The divergence of MACD and RSI is observable, which means the price could go down a little bit soon. Also, my Gartley plot tells me the same thing which is the price could temporally go down, however, the width of the Gartley plot is a little bit too big so the price may just go down a little and even not form a trend.
So I would wait for another strong signal to show up.
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