RISING WEDGE is formed. Volume is also Declining.
Most importantly, the price gets higher, but the MFI is falling.
This MFI divergence indicates future bearish movement of BTC.
HOWEVER, The great trend has been changed to uptrend, So, Fear not.
Most importantly, the price gets higher, but the MFI is falling.
This MFI divergence indicates future bearish movement of BTC.
HOWEVER, The great trend has been changed to uptrend, So, Fear not.
Trade closed: target reached:
If the price breaks 7.4 K downward momentum will be strengthen until it reaches 6K.
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